Klepierre (OTCMKTS:KLPEF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Klepierre (OTCMKTS:KLPEF) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

Several equities analysts recently weighed in on KLPEF shares. Oddo Bhf raised shares of Klepierre to an “outperform” rating in a research report on Wednesday, July 15th. BNP Paribas Exane assumed coverage on Klepierre in a report on Wednesday, July 1st. They set a “neutral” rating for the company. The Goldman Sachs Group raised Klepierre from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Finally, Zacks Research upgraded Klepierre to a “hold” rating in a report on Tuesday, July 21st.

Klepierre Price Performance

Shares of OTCMKTS KLPEF opened at $43.22 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average price of $41.12 and a 200-day moving average price of $39.79. Klepierre has a 1 year low of $35.55 and a 1 year 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.