Goldman Sachs Reaffirms Their Sell Rating on City Developments (CDEVF)
Goldman Sachs analyst Xuan Tan maintained a Sell rating on City Developments (CDEVF – Research Report) today and set a price target of S$5.83. The company's shares closed last Tuesday at $3.53.
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According to TipRanks, Tan is a 2-star analyst with an average return of -0.3% and a 50.00% success rate. Tan covers the Real Estate sector, focusing on stocks such as City Developments, Keppel REIT, and CapitaLand Mall.
The word on The Street in general, suggests a Hold analyst consensus rating for City Developments with a $3.98 average price target.
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