Klepierre (OTCMKTS:KLPEF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Klepierre (OTCMKTS:KLPEF) have received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

KLPEF has been the subject of several analyst reports. BNP Paribas Exane assumed coverage on shares of Klepierre in a research note on Wednesday, July 1st. They issued a “neutral” rating for the company. The Goldman Sachs Group upgraded shares of Klepierre from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Zacks Research upgraded shares of Klepierre to a “hold” rating in a research note on Tuesday. Finally, Oddo Bhf upgraded shares of Klepierre to an “outperform” rating in a report on Wednesday, July 15th.

Klepierre Price Performance

Shares of KLPEF opened at $43.22 on Thursday. Klepierre has a 52-week low of $35.55 and a 52-week high of $43.22. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.57. The stock has a fifty day simple moving average of $41.00 and a two-hundred day simple moving average of $39.74.

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.