Analysts have kept their “buy” calls on City Developments (CDL) after it reported its 1HFY2021 results on August 12, despite largely missing expectations.


See: CDL reports $32.1 mil loss for 1H21; special interim dividend of 3 cents per share declared


Macquarie Research kept its “outperform” call with a higher target price of $9.55. Similarly, Daiwa Capital Markets, and UBS Global Research kept their “buy” calls with higher target prices of $9.35 and $9.70 respectively.

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