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.

ILLEGAL ACTIVITY WARNING: This report was first reported by Daily Political and is the property of of Daily Political. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at

City Developments Company Profile

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.

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's FREE daily email newsletter.