Klepierre (OTCMKTS:KLPEF) Given Average Recommendation of “Hold” by Analysts

by · The Markets Daily

Klepierre (OTCMKTS:KLPEF – Get Free Report) has earned an average recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

Several research analysts recently issued reports on KLPEF shares. Morgan Stanley reissued an “underweight” rating on shares of Klepierre in a research note on Tuesday, September 1st. BNP Paribas Exane initiated coverage on shares of Klepierre in a report on Wednesday, July 1st. They set a “neutral” rating on the stock. Jefferies Financial Group downgraded shares of Klepierre from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Zacks Research raised shares of Klepierre to a “hold” rating in a research report on Tuesday, July 21st. Finally, Citigroup reissued a “buy” rating on shares of Klepierre in a report on Monday, August 3rd.

Check Out Our Latest Analysis on Klepierre

Klepierre Price Performance

Shares of KLPEF opened at $42.58 on Friday. Klepierre has a 12-month low of $35.55 and a 12-month high of $45.02. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.41 and a quick ratio of 0.71. The firm has a fifty day moving average price of $43.80 and a 200-day moving average price of $41.28.

About Klepierre

(Get Free Report)

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.

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