CapitaLand Ascendas stock: J.P. Morgan keeps SGD 2.60 target

Published on 10/22/2026 at 20:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 6.70 percent to SGD 805.50 million. CapitaLand Ascendas stock stands at EUR 1.53 on October 22, 2026 against SGD 2.60.

Analyst target and reporting date

J.P. Morgan retained a Buy rating and SGD 2.60 target on October 13, 2026.
First-half revenue rose 6.70 percent to SGD 805.50 million.
CapitaLand Ascendas stock stands at EUR 1.53 at Lang & Schwarz on October 22, 2026 at 8:07 p.m. CEST.
CapitaLand Ascendas is scheduled to report its latest results on October 29, 2026.

CapitaLand Ascendas, SG1M77906915, Illustration mit AI erstellt.

CapitaLand Ascendas (SG1M77906915) drew a retained Buy rating and SGD 2.60 target from J.P. Morgan on October 13, 2026, according to Business Insider. The target was 18.72 percent above the SGD 2.19 primary-market quote dated October 22, 2026. At Lang & Schwarz, the stock stood at EUR 1.53 on October 22, 2026 at 8:07 p.m. CEST.

Revenue grew in the first half

CapitaLand Ascendas REIT reported first-half 2026 revenue of SGD 805.50 million, up 6.70 percent year over year. Total distributable income rose 8.60 percent to SGD 359.40 million, while distribution per unit increased 0.10 percent to SGD 0.07482, according to The Kopi Notes on October 1, 2026.

Stock stays within its yearly range

The primary-market quote was SGD 2.19 on October 22, 2026 at 5:06 p.m. SGT, with a 52-week range of SGD 2.14 to SGD 2.92. The market capitalization was SGD 10.9 billion and volume reached 38,343,100 units. The price was 25.00 percent above the yearly low and 25.00 percent below the yearly high.

What comes next for the trust?

CapitaLand Ascendas is scheduled to report its latest results on October 29, 2026, according to The Kopi Notes. The update will give investors a fresh reading on distributions, occupancy and the effect of the trust's recent equity fundraising. The trust's portfolio comprised 234 properties across five developed markets as of its latest company presentation, while assets under management were about SGD 20.0 billion, according to CapitaLand Ascendas REIT.

Comparison with peers

CapitaLand Ascendas REIT: P/E 13.81, dividend yield 7.00 percent, market capitalization SGD 10.9 billion.
CapitaLand Integrated Commercial Trust (SGX, SGD): P/E 13.93, dividend yield 5.00 percent, market capitalization SGD 17.7 billion.
Mapletree Industrial Trust (SGX, SGD): P/E 25.14, dividend yield 7.00 percent, market capitalization SGD 5.0 billion.

Price and reporting date

The scheduled October 29 report gives the next clear checkpoint for distributions and operating metrics. The current Lang & Schwarz quote was EUR 1.53 on October 22, 2026 at 8:07 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of CapitaLand Ascendas stock.