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Analysts Offer Insights on Real Estate Companies: City Developments (OtherCDEVF) and Outfront Media (OUT)

Tipranks - Fri Jan 16, 10:56AM CST

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on City Developments (CDEVFResearch Report) and Outfront Media (OUTResearch Report) with bullish sentiments.

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City Developments (CDEVF)

DBS analyst Tabitha Foo maintained a Buy rating on City Developments today and set a price target of S$11.80. The company’s shares closed last Tuesday at $3.53, equals to its 52-week low of $3.53.

According to TipRanks.com, Foo is a 5-star analyst with an average return of 23.2% and a 73.5% success rate. Foo covers the Industrial Goods sector, focusing on stocks such as International Consolidated Airlines, United Airlines Holdings, and Cathay Pacific Airways. ;'>

Currently, the analyst consensus on City Developments is a Moderate Buy with an average price target of $8.07.

See the top stocks recommended by analysts >>

Outfront Media (OUT)

In a report released today, Cameron McVeigh from Morgan Stanley maintained a Buy rating on Outfront Media. The company’s shares closed last Thursday at $24.43.

McVeigh has an average return of 0.2% when recommending Outfront Media. ;'>

According to TipRanks.com, McVeigh is ranked #11396 out of 12040 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Outfront Media with a $24.67 average price target.

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