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.

KLPEF opened at $35.00 on Wednesday. Klepierre has a 12 month low of $29.96 and a 12 month high of $42.00.

About Klepierre

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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