Klepierre (KLPEF) Projected to Release Quarterly Earnings on Wednesday

Klepierre (OTCMKTS:KLPEF) is expected to announce its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $1.58 per share and revenue of $747.1740 million for the quarter.

Klepierre Stock Performance

Shares of KLPEF opened at $43.22 on Tuesday. 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 company has a 50-day moving average of $41.17 and a two-hundred day moving average of $39.83. Klepierre has a 12-month low of $35.55 and a 12-month high of $43.22.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Oddo Bhf upgraded shares of Klepierre to an “outperform” rating in a report on Wednesday, July 15th. BNP Paribas Exane initiated coverage on Klepierre in a research report on Wednesday, July 1st. They issued a “neutral” rating on the stock. Finally, Zacks Research upgraded Klepierre to a “hold” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Klepierre currently has a consensus rating of “Moderate Buy”.

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.