City Developments (CDEVY) Lifted to “Buy” at ValuEngine
ValuEngine upgraded shares of City Developments (OTCMKTS:CDEVY) from a hold rating to a buy rating in a report released on Thursday morning.
Separately, Zacks Investment Research upgraded City Developments from a hold rating to a buy rating and set a $11.00 price target for the company in a research note on Tuesday, January 16th.
City Developments (CDEVY) opened at $9.54 on Thursday. The stock has a market capitalization of $8,674.73, a PE ratio of 21.68, a PEG ratio of 5.21 and a beta of 1.11. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.30. City Developments has a fifty-two week low of $6.67 and a fifty-two week high of $10.24.
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City Developments Limited is a real estate operating company with its presence spanning approximately 100 locations in over 30 countries. The principal activities of the Company are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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