City Developments Limited (SGX:C09)
7.86
-0.08 (-1.01%)
Jun 26, 2026, 5:04 PM SGT
City Developments Stock Forecast
Stock Price Forecast
According to 13 analysts polled by S&P Global, City Developments stock has a consensus rating of "Buy" and an average price target of $10.61. The average 1-year stock price forecast is 34.99% higher than the current stock price, while the lowest is $6.10 (-22.39%) and the highest is $12.11 (+54.07%).
Price Target: $10.61 (+34.99%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for City Developments stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 7 | 8 | 8 |
| Buy | 3 | 3 | 1 | 2 | 3 | 3 |
| Hold | 1 | 1 | 2 | 1 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Total | 13 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Upgrades $9.78 | Buy | Upgrades | $9.78 | +24.43% | May 29, 2026 |
| DBS | DBS | Buy Maintains $12.00 | Buy | Maintains | $12.00 | +52.67% | May 28, 2026 |
| Phillip Securities | Phillip Securities | Buy Maintains $11.32 | Buy | Maintains | $11.32 | +44.02% | May 25, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Downgrades $8.70 | Hold | Downgrades | $8.70 | +10.69% | Mar 17, 2026 |
| CGS International | CGS International | Buy Reiterates $12.11 | Buy | Reiterates | $12.11 | +54.07% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
3.93B
from 3.59B
Increased by 9.45%
Revenue Next Year
4.48B
from 3.93B
Increased by 14.15%
EPS This Year
0.39
from 0.75
Decreased by -47.64%
EPS Next Year
0.53
from 0.39
Increased by 36.70%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SGD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.8B | ||
| Avg | 3.9B | ||
| Low | 3.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.5% | ||
| Avg | 9.5% | ||
| Low | -12.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.48 | ||
| Avg | 0.39 | ||
| Low | 0.32 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -35.6% | ||
| Avg | -47.6% | ||
| Low | -57.6% |