Klepierre (KLPEF) – What Are Investment Firms Thinking About This Stock?

Shares of Klepierre (OTCMKTS:KLPEF) have earned an average rating of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

Several equities research analysts recently commented on the stock. Morgan Stanley reiterated an “underweight” rating on shares of Klepierre in a research report on Tuesday, September 1st. Zacks Research upgraded shares of Klepierre to a “hold” rating in a report on Tuesday, July 21st. Jefferies Financial Group downgraded shares of Klepierre from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Citigroup restated a “buy” rating on shares of Klepierre in a research report on Monday, August 3rd. Finally, Oddo Bhf raised shares of Klepierre to an “outperform” rating in a report on Wednesday, July 15th.

Klepierre Stock Performance

Shares of KLPEF stock opened at $39.28 on Friday. Klepierre has a fifty-two week low of $35.55 and a fifty-two week high of $45.02. The business has a fifty day simple moving average of $41.65 and a 200-day simple moving average of $40.77.

About Klepierre

Klépierre is a France-based real estate investment company specializing in shopping centers and retail properties. The company owns, manages and develops shopping destinations designed to serve local communities, with activities spanning property management, leasing, redevelopment and asset optimization.

Its portfolio is focused primarily on major European markets, including France, Italy, Spain, Belgium, the Netherlands, Germany and the Nordic region. Klépierre’s centers host a broad mix of fashion, food, leisure and service tenants, and the company works with retailers to enhance customer experiences and adapt properties to changing consumer needs.

Founded in 1990, Klépierre has expanded through acquisitions, partnerships and the development of large-scale retail destinations.