0451 GMT - LHN's robust development and acquisition pipeline for properties underpin medium-term growth, UOB Kay Hian analysts say in a research report. It continues to build a visible co-living pipeline in Singapore, with key near-term launches including 'Coliwoo Midtown' property and '159 Jalan Loyang Besar' property, the analysts note. Beyond FY 2026, its '1 King George's Avenue' joint venture and '50 Armenian Street' property further extend the Singapore-listed property management services provider's growth trajectory. The brokerage maintains the stock's buy rating, but lowers the target price to S$0.71 from S$0.84 based on a lower estimated 10x FY 2026 P/E. Shares are 0.9% higher at S$0.57. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 24, 2026 00:51 ET (04:51 GMT)
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