Keppel REIT (KREVF) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Keppel REIT (OTCMKTS:KREVF) from a sell rating to a hold rating in a report released on Friday.

According to Zacks, “Keppel REIT is engaged in owning and investing in portfolio of commercial real estate as well as related assets. It operates primarily in Singapore and Australia. Keppel REIT is based in Singapore. “

KREVF opened at $0.77 on Friday. Keppel REIT has a 12 month low of $0.80 and a 12 month high of $0.98.

About Keppel REIT

Keppel REIT was listed by way of an introduction on 28 April 2006.Keppel REIT is one of Asia's leading REITs with the youngest and largest portfolio of premium Grade A commercial assets in Singapore's prime business and financial districts. Keppel REIT's objective is to generate stable income and long-term growth for unitholders by owning and investing in a portfolio of quality income producing commercial real estate and real estate related assets in Singapore and pan-Asia.

Featured Article: Dividend Stocks – Are They Right For You?

Get a free copy of the Zacks research report on Keppel REIT (KREVF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Keppel REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keppel REIT and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply