DBS Remains a Buy on Frasers Property (FSRPF)

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DBS analyst Rachel Tan maintained a Buy rating on Frasers Property (FSRPFResearch Report) today and set a price target of S$1.20. The company’s shares closed last Thursday at $0.60.

Tan covers the Real Estate sector, focusing on stocks such as Frasers Property, Mapletree Commercial, and Parkway Life Real Estate Investment. According to TipRanks, Tan has an average return of -13.2% and a 22.58% success rate on recommended stocks.

Currently, the analyst consensus on Frasers Property is a Moderate Buy with an average price target of $0.89.

FSRPF market cap is currently $2.32B and has a P/E ratio of 25.90.

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Frasers Property (FSRPF) Company Description:

Frasers Property Ltd owns, develops and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia.