City Developments - CGS-CIMB Research 2021-11-17: Q-o-q Improvements Across All Segments

City Developments - Q-o-q Improvements Across All Segments

CITY DEVELOPMENTS LIMITED (SGX:C09) | SGinvestors.ioCITY DEVELOPMENTS LIMITED (SGX:C09)
  • For 9M21, City Developments (SGX:C09) enjoyed stronger residential sales while occupancies remained high for its investment properties.
  • Outlook improving with better performance across residential and hospitality.
  • Commercial segment stable with slightly higher committed occupancy q-o-q.
  • Reiterate ADD call on City Developments with an unchanged target price of S$8.97.




Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.




LOCK Mun Yee CGS-CIMB Research | https://www.cgs-cimb.com 2021-11-17
SGX Stock Analyst Report ADD MAINTAIN ADD 8.970 SAME 8.970




Read also CGS-CIMB's most recent report:
2022-08-12 City Developments - Lifted By Better Hotel Operations & One-Offs

Relevant links:
City Developments Analyst Report,
City Developments Target Price,

City Developments Share Price History,
City Developments Announcements,
City Developments Dividends/ Corp Actions,
City Developments News Articles





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