CDL Hospitality Trusts (OTCMKTS:CDHSF) Rating Lowered to Hold at Daiwa Capital Markets

CDL Hospitality Trusts (OTCMKTS:CDHSFGet Rating) was downgraded by research analysts at Daiwa Capital Markets from an “outperform” rating to a “hold” rating in a research report issued on Wednesday, The Fly reports.

CDL Hospitality Trusts Stock Performance

CDL Hospitality Trusts stock opened at $0.93 on Wednesday. The business’s 50-day moving average price is $0.93 and its two-hundred day moving average price is $0.91. CDL Hospitality Trusts has a 12-month low of $0.93 and a 12-month high of $0.94.

About CDL Hospitality Trusts

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CDL Hospitality Trusts (CDLHT) is one of Asia's leading hospitality trusts with assets under management of about S$2.9 billion as at 31 December 2020. CDLHT is a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT), a real estate investment trust, and CDL Hospitality Business Trust (HBT), a business trust.

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