Keppel REIT (OTCMKTS:KREVF – Get Free Report) shares dropped 2.3% during mid-day trading on Monday . The company traded as low as $0.63 and last traded at $0.63. Approximately 1,000 shares changed hands during trading, a decline of 95% from the average daily volume of 20,563 shares. The stock had previously closed at $0.64.
Wall Street Analysts Forecast Growth
KREVF has been the topic of several research analyst reports. Dbs Bank raised Keppel REIT to a “strong-buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group upgraded shares of Keppel REIT from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 19th.
Check Out Our Latest Stock Analysis on Keppel REIT
Keppel REIT Stock Performance
Keppel REIT Company Profile
Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.
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