City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $8.02 and last traded at $8.02, with a volume of 655 shares. The stock had previously closed at $7.8150.
Analyst Upgrades and Downgrades
Separately, Dbs Bank raised shares of City Developments to a “moderate buy” rating in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Check Out Our Latest Stock Report on City Developments
City Developments Stock Up 4.9%
About City Developments
City Developments Limited (OTCMKTS: CDEVY) is a Singapore-based real estate developer founded in 1963. As one of the country’s largest and most established property companies, it operates as part of the Hong Leong Group of Companies. Over the past five decades, City Developments has grown from its local beginnings into an international developer with a diversified portfolio spanning residential, commercial and mixed-use projects.
The company’s core activities include property development, investment and management.
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