Klepierre (OTCMKTS:KLPEF) Given Average Rating of “Moderate Buy” by Brokerages

Klepierre (OTCMKTS:KLPEF) has been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities analysts have weighed in on KLPEF shares. Zacks Research upgraded shares of Klepierre to a “hold” rating in a research report on Tuesday. BNP Paribas Exane started coverage on shares of Klepierre in a research report on Wednesday, July 1st. They set a “neutral” rating for the company. Oddo Bhf upgraded Klepierre to an “outperform” rating in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group raised Klepierre from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 29th.

Klepierre Price Performance

Klepierre stock opened at $43.22 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.71 and a current ratio of 0.71. The business has a 50 day simple moving average of $41.00 and a 200-day simple moving average of $39.74. Klepierre has a 12 month low of $35.55 and a 12 month high of $43.22.

Klepierre Company Profile

Klepierre SA is a French real estate investment trust (REIT) specializing in the ownership, management and development of high-quality shopping centers across Europe. Headquartered in Paris, the company focuses on creating sustainable retail destinations and enhancing consumer experiences through targeted asset management, tenant mix optimization and modernization projects.

With a portfolio encompassing more than 70 regional shopping centers and prime retail destinations in countries such as France, Italy, Spain, Germany, Sweden and the Netherlands, Klepierre engages in the full property lifecycle.