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BOB Capital Markets rates a realty stock Hold based on DPU outlook
The brokerage expects the stock to trade at a DPU multiple of 16.4x, slightly below the peer average of 16.6x.
LiveMint Markets reports that BOB Capital Markets assigned a Hold rating to a realty stock, citing its expected DPU profile.
According to the brokerage, the stock is expected to trade at a 16.4x DPU multiple, compared with a 16.6x peer average.
The firm tied the valuation view to what it described as the company’s slower pace of DPU growth, relative to peers.
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