Klepierre (OTCMKTS:KLPEF) Given Consensus Recommendation of “Hold” by Analysts

Klepierre (OTCMKTS:KLPEF) has received a consensus rating of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently commented on KLPEF. Morgan Stanley reissued an “underweight” rating on shares of Klepierre in a report on Tuesday, September 1st. Zacks Research raised shares of Klepierre to a “hold” rating in a research report on Tuesday, July 21st. Oddo Bhf raised Klepierre to an “outperform” rating in a research report on Wednesday, July 15th. BNP Paribas Exane initiated coverage on shares of Klepierre in a research note on Wednesday, July 1st. They set a “neutral” rating for the company. Finally, Citigroup reissued a “buy” rating on shares of Klepierre in a report on Monday, August 3rd.

Klepierre Stock Performance

Shares of KLPEF opened at $42.58 on Friday. 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 has a 12 month low of $35.55 and a 12 month high of $45.02. The company’s fifty day moving average is $43.78 and its 200-day moving average is $41.21.

Klepierre Company Profile

Klépierre is a European real estate company specializing in the ownership, development and management of shopping centers. Its properties typically combine retail, dining and leisure offerings and are designed to serve major urban and regional catchment areas.

The company generates value primarily through leasing commercial space to retailers and by managing and enhancing its shopping-center portfolio. Its activities also include property development, redevelopment, asset management and the operation of services intended to improve the customer experience and support tenant performance.

Founded in France in 1990, Klépierre has expanded across several European markets, including France, Italy, Belgium, the Netherlands, Germany, Spain, Portugal, Poland, the Czech Republic and Scandinavian countries.