Morgans concludes from 1H results for
Underlying rental income rose 21.2% on the previous corresponding period after rent increases of 3.5% (on a like for like basis) and income from new acquisitions.
FY22 DPS guidance remains 20.5cps, and after making minor changes to forecasts, the broker maintains an Add rating and lifts its target to
Sector: Real Estate.
Target price is
© 2022 Acquisdata Pty Ltd., source