The Goldman Sachs Group Upgrades Keppel REIT (OTCMKTS:KREVF) to Neutral

Keppel REIT (OTCMKTS:KREVFGet Rating) was upgraded by analysts at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a report issued on Wednesday, The Fly reports.

Separately, HSBC upgraded Keppel REIT from a “reduce” rating to a “hold” rating in a research note on Wednesday.

Keppel REIT Stock Performance

OTCMKTS KREVF opened at $0.62 on Wednesday. The stock has a 50-day simple moving average of $0.67 and a two-hundred day simple moving average of $0.67. Keppel REIT has a fifty-two week low of $0.53 and a fifty-two week high of $2.14.

Keppel REIT Company Profile

(Get Rating)

Keppel REIT engages in the investment of commercial real estate and other real estate-related assets portfolio. Its portfolio includes office and commercial towers and financial center buildings. The company was founded on November 28, 2005 and is headquartered in Singapore.

Further Reading

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