Equities Analysts Issue Forecasts for Keppel REIT’s FY2018 Earnings (OTCMKTS:KREVF)

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Keppel REIT (OTCMKTS:KREVF) – Research analysts at Jefferies Financial Group issued their FY2018 earnings per share estimates for Keppel REIT in a note issued to investors on Monday, October 15th, according to Zacks Investment Research. Jefferies Financial Group analyst K. Guha forecasts that the company will post earnings of $0.04 per share for the year.

Separately, Zacks Investment Research cut Keppel REIT from a “hold” rating to a “sell” rating in a research note on Friday, October 19th.

OTCMKTS KREVF remained flat at $$0.85 during trading hours on Thursday. The company had a trading volume of 73,700 shares, compared to its average volume of 10. Keppel REIT has a fifty-two week low of $0.80 and a fifty-two week high of $0.98.

Keppel REIT Company Profile

Keppel REIT was listed by way of an introduction on 28 April 2006.Keppel REIT is one of Asia's leading REITs with the youngest and largest portfolio of premium Grade A commercial assets in Singapore's prime business and financial districts. Keppel REIT's objective is to generate stable income and long-term growth for unitholders by owning and investing in a portfolio of quality income producing commercial real estate and real estate related assets in Singapore and pan-Asia.

See Also: How is Preferred Stock Different from Common Stock?

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