Zacks Investment Research upgraded shares of Unibail-Rodamco (NASDAQ:UNRDY) from a hold rating to a strong-buy rating in a research report report published on Thursday. The brokerage currently has $29.00 price objective on the stock.

According to Zacks, “Unibail-Rodamco SE engages in real estate business. Its operating business segment includes Shopping Centres, Offices and Conventions and Exhibitions. Shopping Centres segment develops, operates and leases shopping centers. Offices segment provides rentals of office spaces and buildings to companies and businesses. Conventions and Exhibitions segment consists of a real estate venues rental and services as well as trade show organizer. Unibail-Rodamco SE is headquartered in Paris, France. “

Shares of Unibail-Rodamco (UNRDY) opened at 24.99 on Thursday. The company’s 50-day moving average is $25.27 and its 200-day moving average is $24.32. The company has a market cap of $24.95 billion and a price-to-earnings ratio of 8.70. Unibail-Rodamco has a 12-month low of $21.53 and a 12-month high of $28.12.

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