Keppel REIT (OTCMKTS:KREVF – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $0.7367, but opened at $0.6476. Keppel REIT shares last traded at $0.6476, with a volume of 109 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Keppel REIT to a “hold” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
Read Our Latest Research Report on Keppel REIT
Keppel REIT Stock Down 8.8%
About Keppel REIT
Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.
The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.
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