MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Shares Up 0.4% – Still a Buy?

Shares of MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Free Report) rose 0.4% during trading on Friday . The stock traded as high as $13.92 and last traded at $13.92. Approximately 8,680 shares were traded during mid-day trading, an increase of 431% from the average daily volume of 1,636 shares. The stock had previously closed at $13.86.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MERLIN Properties SOCIMI in a research note on Monday, December 1st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on MRPRF

MERLIN Properties SOCIMI Price Performance

The stock’s 50-day moving average price is $14.99 and its 200 day moving average price is $14.19.

MERLIN Properties SOCIMI Company Profile

(Get Free Report)

MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.

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