Keppel Corp. (OTCMKTS:KPELY – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $17.68, but opened at $18.38. Keppel shares last traded at $18.49, with a volume of 1,563 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Keppel to a “hold” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Analysis on Keppel
Keppel Stock Up 4.6%
About Keppel
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.
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