Keppel REIT (OTCMKTS:KREVF) Upgraded by Dbs Bank to “Strong-Buy”

Dbs Bank upgraded shares of Keppel REIT (OTCMKTS:KREVF) to a strong-buy rating in a research report report published on Tuesday morning, Zacks.com reports.

Keppel REIT Price Performance

Keppel REIT stock opened at $0.70 on Tuesday. The company’s 50 day moving average price is $0.72 and its two-hundred day moving average price is $0.66. Keppel REIT has a 52 week low of $0.55 and a 52 week high of $0.77.

Keppel REIT Company Profile

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.