Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ascott Residence ( (SG:HMN) ) has provided an announcement.
CapitaLand Ascott Trust announced the updated use of proceeds from its 2023 Equity Fund Raising, which was initially launched in August 2023. This update follows several previous announcements and reflects the company’s ongoing efforts to strategically allocate capital to enhance its investment portfolio and strengthen its market position.
The most recent analyst rating on (SG:HMN) stock is a Buy with a S$1.13 price target. To see the full list of analyst forecasts on Ascott Residence stock, see the SG:HMN Stock Forecast page.
More about Ascott Residence
CapitaLand Ascott Trust is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust, a real estate investment trust established in Singapore in 2006, and CapitaLand Ascott Business Trust, a business trust constituted in Singapore in 2019. The group is managed by CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd.
Average Trading Volume: 4,482,665
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$3.38B
See more insights into HMN stock on TipRanks’ Stock Analysis page.