Citi's Investment Ratings and Target Prices for Property Stocks (Table)
Citigroup released a research report listing investment ratings and target prices for domestic property stocks. Agile Group is rated as Neutral/High Risk with a target price of HKD 0.53; C&D International Group is rated as Buy with a target price of HKD 22.5; CIFI Holdings is rated as Sell/High Risk with a target price of HKD 0.2; China Overseas Grand Oceans and China Resources Land, among others, are rated as Buy with target prices of HKD 2.7 and HKD 35, respectively. Other companies such as Country Garden and R&F Properties are rated as Sell/High Risk
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