City Developments Limited (OTCMKTS:CDEVY) – Investment analysts at Jefferies Group upped their FY2017 EPS estimates for City Developments in a research report issued to clients and investors on Thursday. Jefferies Group analyst K. Guha now anticipates that the company will earn $0.55 per share for the year, up from their previous estimate of $0.52. Jefferies Group also issued estimates for City Developments’ FY2018 earnings at $0.61 EPS.

City Developments (CDEVY) opened at $9.70 on Friday. The firm has a market cap of $8,729.38, a price-to-earnings ratio of 21.09, a PEG ratio of 5.42 and a beta of 1.09. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.22 and a current ratio of 1.22. City Developments has a twelve month low of $5.60 and a twelve month high of $9.56.

TRADEMARK VIOLATION WARNING: “Jefferies Group Analysts Boost Earnings Estimates for City Developments Limited (CDEVY)” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at

City Developments Company Profile

City Developments Limited is a real estate operating company with its presence spanning approximately 100 locations in over 30 countries. The principal activities of the Company are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services.

Receive News & Ratings for City Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City Developments and related companies with's FREE daily email newsletter.