Klepierre (OTCMKTS:KLPEF) Receives Consensus Rating of “Hold” from Analysts

Klepierre (OTCMKTS:KLPEF) has been given an average recommendation of “Hold” by the eight brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts recently issued reports on KLPEF shares. Citigroup restated a “buy” rating on shares of Klepierre in a report on Monday, August 3rd. Zacks Research raised Klepierre to a “hold” rating in a research report on Tuesday, July 21st. BNP Paribas Exane assumed coverage on shares of Klepierre in a research note on Wednesday, July 1st. They issued a “neutral” rating on the stock. Morgan Stanley reiterated an “underweight” rating on shares of Klepierre in a research note on Tuesday, September 1st. Finally, Oddo Bhf upgraded shares of Klepierre to an “outperform” rating in a research note on Wednesday, July 15th.

Klepierre Price Performance

Shares of Klepierre stock opened at $42.58 on Friday. Klepierre has a 12 month low of $35.55 and a 12 month high of $45.02. The business has a fifty day simple moving average of $43.78 and a 200 day simple moving average of $41.21. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.57.

About Klepierre

Klépierre is a European real estate company specializing in the ownership, development and management of shopping centers. Its properties typically combine retail, dining and leisure offerings and are designed to serve major urban and regional catchment areas.

The company generates value primarily through leasing commercial space to retailers and by managing and enhancing its shopping-center portfolio. Its activities also include property development, redevelopment, asset management and the operation of services intended to improve the customer experience and support tenant performance.

Founded in France in 1990, Klépierre has expanded across several European markets, including France, Italy, Belgium, the Netherlands, Germany, Spain, Portugal, Poland, the Czech Republic and Scandinavian countries.