City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $5.92, but opened at $6.3876. City Developments shares last traded at $6.3876, with a volume of 133 shares.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded shares of City Developments from a “strong sell” rating to a “buy” rating in a report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, City Developments presently has an average rating of “Buy”.
Get Our Latest Report on CDEVY
City Developments Trading Up 4.1%
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.
Recommended Stories
- Five stocks we like better than City Developments
- One Platform, Every Ailment: Hinge Health’s Gamble
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
Receive News & Ratings for City Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City Developments and related companies with MarketBeat.com's FREE daily email newsletter.
