Klepierre (OTCMKTS:KLPEF) Shares Gap Down – Here’s What Happened
by Scott Moore · The Cerbat GemKlepierre (OTCMKTS:KLPEF – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $39.05, but opened at $37.54. Klepierre shares last traded at $37.54, with a volume of 121 shares trading hands.
Wall Street Analysts Forecast Growth
KLPEF has been the topic of several recent research reports. Barclays downgraded shares of Klepierre from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. The Goldman Sachs Group restated a “neutral” rating on shares of Klepierre in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Klepierre presently has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on Klepierre
Klepierre Stock Down 2.4%
The company has a fifty day simple moving average of $39.30 and a two-hundred day simple moving average of $38.96.
About Klepierre
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.