Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $5.61, but opened at $5.99. City Developments shares last traded at $5.99, with a volume of 10,976 shares changing hands.
Analysts Set New Price Targets
Separately, Dbs Bank raised City Developments to a “moderate buy” rating in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on CDEVY
City Developments Stock Performance
About City Developments
City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.
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