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Keppel DC REIT (AJBU): Expect price to trade towards S$2.00

 


Keppel DC REIT (AJBU)
Expect price to trade towards S$2.00

We have observed a decrease in technical supply at the S$1.80 support area during recent trading sessions. Furthermore, a softer interest rate outlook could be advantageous for the Data Centre operator. 

Consequently, we anticipate the REIT to move towards our initial target of S$2.00, with the potential to reach S$2.20 if it breaks through resistance. Our stop level is set below S$1.72.

Disclaimers Apply

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