Charter Hall Long WALE REIT (ASX:CLW) is expected to see a positive share price reaction following its interim results, according to a Friday report by The Australian, citing investing and financial firm UBS.
On Friday, the company returned to earnings of AU$0.0714 per stapled security in the fiscal first half, from a loss of AU$0.3574 per stapled security a year earlier.
Net property income was AU$146.7 million, up 3.5% on a like-for-like basis from AU$141.7 million a year earlier.
The real estate investment trust reaffirmed its fiscal year operating earnings per security guidance of AU$0.25 and distributions per security guidance of AU$0.25, Jarden said.
The stock's current value trades at a 17% discount to its December 2024 net tangible assets, Citi analyst Suraj Nebhani added.
Nebhani notes that the stock is going through earnings pressure, as the average cost of debt of 4.1% remains below current market levels.
Citi has a neutral rating on CLW with a target price of AU$3.70.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。