City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $7.20 and last traded at $6.95, with a volume of 3340 shares. The stock had previously closed at $7.0050.
Wall Street Analysts Forecast Growth
Separately, Dbs Bank raised City Developments to a “moderate buy” rating in a report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on City Developments
City Developments Stock Up 3.0%
City Developments Company Profile
City Developments Limited (OTCMKTS: CDEVY) is a Singapore-based real estate developer founded in 1963. As one of the country’s largest and most established property companies, it operates as part of the Hong Leong Group of Companies. Over the past five decades, City Developments has grown from its local beginnings into an international developer with a diversified portfolio spanning residential, commercial and mixed-use projects.
The company’s core activities include property development, investment and management.
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