Keppel (OTCMKTS:KPELY) Hits New 12-Month High – Still a Buy?

Keppel Corp. (OTCMKTS:KPELY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $15.88 and last traded at $15.88, with a volume of 104 shares changing hands. The stock had previously closed at $15.57.

Analysts Set New Price Targets

Separately, UBS Group started coverage on Keppel in a research report on Thursday, September 25th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

Keppel Price Performance

The company has a fifty day simple moving average of $14.54 and a two-hundred day simple moving average of $13.01.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.