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 report published on Tuesday, Zacks.com reports.

Keppel REIT Price Performance

Shares of OTCMKTS:KREVF opened at $0.77 on Tuesday. The stock’s 50-day moving average price is $0.72 and its two-hundred day moving average price is $0.66. Keppel REIT has a 12-month low of $0.55 and a 12-month high of $0.77.

About Keppel REIT

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.