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Tan covers the Real Estate sector, focusing on stocks such as Capitaland India Trust, Mapletree Logistics, and Mapletree Industrial. According to TipRanks, Tan has an average return of -4.0% and a 34.92% success rate on recommended stocks.
Mapletree Logistics has an analyst consensus of Strong Buy, with a price target consensus of $1.17, implying a 19.12% upside from current levels. In a report released on January 20, Citi also maintained a Buy rating on the stock with a S$1.56 price target.
MAPGF market cap is currently $4.76B and has a P/E ratio of 24.33.
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Mapletree Logistics (MAPGF) Company Description:
Mapletree Logistics Trust, or MLT, is a real estate investment trust focused on acquiring and developing logistics and distribution facilities throughout Asia. The company operates a real estate portfolio split between single-user assets and multi-tenanted buildings with long-term tenant leases. These properties are large warehouses. The vast majority of MLT's real estate assets in terms of square footage, revenue, and total value are located in Singapore, Japan, and Hong Kong. The company derives nearly all of its income from rental revenue from tenants. MLT's customers are mostly food and beverage, electronics, IT, and fashion companies. The firm also has real estate holdings in South Korea, Australia, Malaysia, and Vietnam, as well as sizable square footage in China.