Unibail-Rodamco-Westfield (OTCMKTS:UNBLF) Cut to “Neutral” at The Goldman Sachs Group

Unibail-Rodamco-Westfield (OTCMKTS:UNBLF – Get Rating) was downgraded by equities research analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued on Thursday, The Fly reports.

Several other research analysts have also weighed in on UNBLF. Morgan Stanley lifted their price objective on Unibail-Rodamco-Westfield to €40.00 ($42.55) in a research report on Monday, March 28th. Societe Generale boosted their target price on Unibail-Rodamco-Westfield to €82.00 ($87.23) in a research report on Tuesday, April 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Unibail-Rodamco-Westfield presently has an average rating of “Hold” and an average price target of $61.00.

Shares of UNBLF stock remained flat at $$72.08 during mid-day trading on Thursday. The business has a 50-day moving average of $72.72 and a two-hundred day moving average of $72.15. Unibail-Rodamco-Westfield has a 12-month low of $59.93 and a 12-month high of $100.99.

About Unibail-Rodamco-Westfield (Get Rating)

Unibail-Rodamco-Westfield is the premier global developer and operator of Flagship Destinations, with a portfolio valued at 58.3 Bn as at September 30, 2020, of which 86% in retail, 7% in offices, 5% in convention & exhibition venues and 2% in services. Currently, the Group owns and operates 89 shopping centres, including 55 Flagships in the most dynamic cities in Europe and the United States.

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