Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $6.5450, but opened at $6.32. City Developments shares last traded at $6.32, with a volume of 215 shares.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised City Developments from a “strong sell” rating to a “buy” rating in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.
Check Out Our Latest Analysis on City Developments
City Developments Price Performance
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.
Read More
- Five stocks we like better than City Developments
- 3 CEOs Are Buying Millions of Dollars of Their Beaten-Down Stocks
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
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 MarketBeat.com's FREE daily email newsletter.
