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Home / Capital / Brokers Calls

This developer remains the best proxy to a residential segment recovery: RHB

Broker's Calls

This developer remains the best proxy to a residential segment recovery: RHB

Michelle Zhu Published on Tue, Mar 20, 2018 / 10:23 AM GMT+8

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SINGAPORE (Mar 20): RHB is resuming coverage on City Developments (CDL) with an upgrade to “buy” from “take profit”, and a revised target price of $15 from $11.30 previously on expectations of an impending recovery of the residential segment this year.

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