Klepierre (KLPEF) – What Are Brokerages Saying About This Stock?

Klepierre (OTCMKTS:KLPEF) has been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

KLPEF has been the topic of a number of research reports. Oddo Bhf upgraded Klepierre to an “outperform” rating in a report on Wednesday, July 15th. Citigroup reaffirmed a “buy” rating on shares of Klepierre in a research report on Monday, August 3rd. Morgan Stanley reiterated an “underweight” rating on shares of Klepierre in a research note on Tuesday, September 1st. BNP Paribas Exane began coverage on shares of Klepierre in a research report on Wednesday, July 1st. They issued a “neutral” rating for the company. Finally, Jefferies Financial Group lowered shares of Klepierre from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd.

Klepierre Price Performance

OTCMKTS:KLPEF opened at $39.28 on Tuesday. Klepierre has a 1-year low of $35.55 and a 1-year high of $45.02. The business’s fifty day moving average price is $43.32 and its 200 day moving average price is $41.48.

About Klepierre

Klépierre is a France-based real estate investment trust specializing in the ownership, management and development of shopping centers. The company focuses on high-quality retail destinations that combine shopping, dining, leisure and services, working with retailers and local partners to attract visitors and support tenant sales.

Its activities include leasing commercial space, managing and redeveloping existing properties, and selectively pursuing development projects. Klépierre’s tenant base includes international, national and local retail brands across categories such as fashion, food, beauty, home goods and entertainment.

Founded in 1990, Klépierre has built a pan-European portfolio serving consumers in several major markets, including France, Italy, Spain, Belgium, the Netherlands, Germany, Poland, the Czech Republic and Scandinavia.