The Goldman Sachs Group Upgrades Keppel (OTCMKTS:KPELY) to “Strong-Buy”

Keppel (OTCMKTS:KPELY) was upgraded by The Goldman Sachs Group to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

Keppel Stock Performance

Shares of OTCMKTS:KPELY opened at $10.62 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 0.69 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $9.67 and a two-hundred day simple moving average of $9.91. Keppel has a 12-month low of $8.45 and a 12-month high of $11.22.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.