Klepierre (OTCMKTS:KLPEF) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Klepierre (OTCMKTS:KLPEF) to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. BNP Paribas Exane initiated coverage on Klepierre in a research report on Wednesday, July 1st. They set a “neutral” rating on the stock. The Goldman Sachs Group raised Klepierre from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 29th. Finally, Oddo Bhf upgraded Klepierre to an “outperform” rating in a research report on Wednesday, July 15th. One investment 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.com, Klepierre currently has an average rating of “Moderate Buy”.

Klepierre Price Performance

KLPEF opened at $43.22 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.57. The firm has a fifty day moving average price of $41.00 and a 200 day moving average price of $39.74. Klepierre has a 1 year low of $35.55 and a 1 year high of $43.22.

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.