Keppel REIT (OTCMKTS:KREVF) Downgraded by Jefferies Financial Group

Jefferies Financial Group lowered shares of Keppel REIT (OTCMKTS:KREVF) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, The Fly reports.

KREVF stock opened at $0.96 on Wednesday. Keppel REIT has a twelve month low of $0.77 and a twelve month high of $0.96. The company’s 50-day moving average is $0.91.

About Keppel REIT

Keppel REIT was listed by way of an introduction on 28 April 2006. It is one of Asia's leading REITs with a young and large portfolio of premium Grade A commercial assets in Singapore's prime business and financial districts. Keppel REIT's objective is to generate stable income and long-term growth for Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Singapore and pan-Asia.

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