Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Stock Rating Lowered by JPMorgan Chase & Co.

Suntec Real Estate Investment Trust (OTCMKTS:SURVF – Get Rating) was downgraded by stock analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

OTCMKTS SURVF opened at $1.31 on Wednesday. The company has a fifty day moving average of $1.21 and a 200-day moving average of $1.14. Suntec Real Estate Investment Trust has a 52-week low of $1.02 and a 52-week high of $1.33.

About Suntec Real Estate Investment Trust (Get Rating)

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall, and a 30.0% interest in 9 Penang Road.

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