Klepierre (OTCMKTS:KLPEF) Stock Rating Upgraded by The Goldman Sachs Group

Klepierre (OTCMKTS:KLPEF) was upgraded by investment analysts at The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Sunday,Zacks.com reports.

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

Klepierre Stock Performance

Shares of OTCMKTS KLPEF opened at $35.55 on Friday. The firm’s 50-day moving average price is $38.81 and its 200-day moving average price is $38.78. Klepierre has a 1-year low of $31.58 and a 1-year high of $41.50. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.57.

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.