Klepierre (KLPEF) Downgraded by Zacks Investment Research
Klepierre (OTCMKTS:KLPEF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Wednesday.
According to Zacks, “Klepierre SA is a real estate investment trust. The company provides shopping center property primarily in Europe. It also offers development, rental, property and asset management services. Klepierre SA is headquartered in Paris, France. “
Separately, Barclays cut Klepierre from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 31st.
Klépierre, the pan-European leader in shopping malls, combines development, property and asset management skills. The company's portfolio is valued at 24.6 billion at June 30, 2018 and comprises large shopping centers in 16 countries in Continental Europe which together host 1.1 billion visitors per year.
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