City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) shares 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 Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of City Developments from a “strong sell” rating to a “buy” rating in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
View Our Latest Analysis on City Developments
City Developments Trading Down 3.4%
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.
Further Reading
- Five stocks we like better than City Developments
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
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.
