NetLink NBN Tr (CJLU): NETLINK NBN TRUST Price Target

Highlights

Stock Price Target

Last Price	Avg Target Price	Upside/Downside	Price Call
0.915	1.01	+0.095 (10.38%)

* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.

** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).

Date	Open Price	Target Price	Upside/Downside	Price Call	Source
23/03/2020	0.775	0.95	+0.175 (22.58%)	BUY	DBS
28/02/2020	0.775	1.05	+0.275 (35.48%)	BUY	DBS
14/02/2020	1.01	0.99	-0.02 (1.98%)	HOLD	PHILLIP CAPITAL
11/02/2020	0.775	1.05	+0.275 (35.48%)	BUY	UOB KayHian
11/02/2020	1.01	1.03	+0.02 (1.98%)	BUY	OCBC
30/01/2020	0.775	1.05	+0.275 (35.48%)	BUY	UOB KayHian
04/11/2019	0.775	1.01	+0.235 (30.32%)	BUY	UOB KayHian
04/11/2019	0.935	0.99	+0.055 (5.88%)	BUY	PHILLIP CAPITAL
16/10/2019	0.775	1.03	+0.255 (32.90%)	BUY	Maybank Kim Eng
07/10/2019	0.775	1.01	+0.235 (30.32%)	BUY	UOB KayHian

Price Target Research Article/News (past 6 months)
23/03/2020	DBS	NetLink NBN Trust - Built for the Tough Times
28/02/2020	DBS	NetLink NBN Trust - Mutual Discharge of Contract With Vendor
14/02/2020	PHILLIP CAPITAL	NetLink NBN Trust – Slower Growth Expected
11/02/2020	UOB KayHian	NetLink NBN Trust 3QFY20 - Within Expectations; Residential Connections Growth Remain Healthy
11/02/2020	OCBC	NetLink NBN Trust: In-line Quarter
30/01/2020	UOB KayHian	NetLink NBN Trust - a Safe Haven, Stock Offers Sustainable Dividend Yield of 5.1%
04/11/2019	UOB KayHian	NetLink NBN Trust 2QFY20 - in Line; Robust Residential Fiber Connections Drive Earnings Growth
04/11/2019	PHILLIP CAPITAL	NetLink NBN Trust – Organic Growth From Here
16/10/2019	Maybank Kim Eng	NetLink NBN Trust - Room to Grow
07/10/2019	UOB KayHian	NetLink NBN Trust - Clear Beneficiary as Singapore Races Towards 5G Roll-out in 2021

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