Klepierre (OTCMKTS:KLPEF) Upgraded at Zacks Research

Zacks Research upgraded shares of Klepierre (OTCMKTS:KLPEF) to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other brokerages have also issued reports on KLPEF. The Goldman Sachs Group upgraded shares of Klepierre from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 29th. Oddo Bhf upgraded shares of Klepierre to an “outperform” rating in a research report on Wednesday, July 15th. Finally, BNP Paribas Exane initiated coverage on shares of Klepierre in a research note on Wednesday, July 1st. They issued a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Klepierre presently has a consensus rating of “Moderate Buy”.

Klepierre Stock Performance

Klepierre stock opened at $43.22 on Tuesday. The company’s fifty day moving average price is $41.06 and its 200 day moving average price is $39.77. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.71 and a quick ratio of 0.71. Klepierre has a 1 year low of $35.55 and a 1 year high of $43.22.

About Klepierre

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.