Klepierre (OTCMKTS:KLPEF) Rating Increased to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Klepierre (OTCMKTS:KLPEF) from a hold rating to a strong-buy rating in a research report sent to investors on Sunday morning,Zacks.com reports.

Separately, Citigroup reiterated a “buy” rating on shares of Klepierre in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Klepierre Price Performance

Shares of Klepierre stock opened at $35.55 on Friday. Klepierre has a 1 year low of $31.58 and a 1 year high of $41.50. The business has a 50-day moving average of $38.81 and a two-hundred day moving average of $38.78. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.71 and a current ratio of 0.71.

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.