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

Shares of Klepierre (OTCMKTS:KLPEF) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Klepierre to a “hold” rating in a research note on Tuesday, July 21st. BNP Paribas Exane assumed coverage on Klepierre in a research note on Wednesday, July 1st. They issued a “neutral” rating for the company. Finally, Oddo Bhf raised Klepierre to an “outperform” rating in a report on Wednesday, July 15th.

Klepierre Price Performance

OTCMKTS KLPEF opened at $43.22 on Thursday. Klepierre has a 1-year low of $35.55 and a 1-year high of $43.22. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.71 and a quick ratio of 0.71. The business’s fifty day moving average price is $41.29 and its 200-day moving average price is $39.90.

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.