Keppel (OTCMKTS:KPELY) Shares Gap Up – Time to Buy?

Keppel Corp. (OTCMKTS:KPELYGet Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $16.60, but opened at $17.87. Keppel shares last traded at $17.87, with a volume of 352 shares trading hands.

Analysts Set New Price Targets

Separately, UBS Group began coverage on Keppel in a report on Thursday, September 25th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on Keppel

Keppel Stock Down 1.6%

The business has a fifty day simple moving average of $15.67 and a 200-day simple moving average of $14.15.

About Keppel

(Get Free Report)

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.

Further Reading

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