Keppel REIT (OTCMKTS:KREVF) Shares Up 2.2% – Here’s Why

Keppel REIT (OTCMKTS:KREVFGet Free Report)’s stock price rose 2.2% during trading on Monday . The stock traded as high as $0.62 and last traded at $0.62. Approximately 1,100 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 21,950 shares. The stock had previously closed at $0.61.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. The Goldman Sachs Group upgraded shares of Keppel REIT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 19th. Dbs Bank upgraded Keppel REIT to a “strong-buy” rating in a research report on Tuesday, October 22nd.

View Our Latest Report on Keppel REIT

Keppel REIT Price Performance

The business’s 50 day moving average is $0.65 and its two-hundred day moving average is $0.67.

About Keppel REIT

(Get Free Report)

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.

Further Reading

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