Keppel (OTCMKTS:KPELY) Reaches New 1-Year High – Here’s What Happened

Keppel Corp. (OTCMKTS:KPELY)’s stock price reached a new 52-week high during trading on Saturday . The company traded as high as $15.9284 and last traded at $15.74, with a volume of 4789 shares traded. The stock had previously closed at $15.61.

Analysts Set New Price Targets

Separately, UBS Group began coverage on shares of Keppel in a research note on Thursday, September 25th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Keppel Trading Up 0.8%

The business has a 50-day simple moving average of $15.22 and a 200-day simple moving average of $13.68.

Keppel Company Profile

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.