Dbs Bank upgraded shares of Keppel REIT (OTCMKTS:KREVF - Free Report) to a strong-buy rating in a report issued on Tuesday morning, Zacks.com reports.
Keppel REIT Price Performance
KREVF remained flat at $0.77 on Tuesday. 100 shares of the company traded hands, compared to its average volume of 20,289. The company's fifty day simple moving average is $0.72 and its two-hundred day simple moving average is $0.66. Keppel REIT has a 52-week low of $0.55 and a 52-week high of $0.77.
About Keppel REIT
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Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.
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