Klepierre (OTCMKTS:KLPEF) Reaches New 1-Year High – Here’s What Happened

Klepierre (OTCMKTS:KLPEF) shares reached a new 52-week high on Monday . The stock traded as high as $43.22 and last traded at $43.22, with a volume of 2415 shares traded. The stock had previously closed at $42.44.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. The Goldman Sachs Group raised Klepierre from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 29th. BNP Paribas Exane assumed coverage on shares of Klepierre in a research report on Wednesday, July 1st. They issued a “neutral” rating for the company. Finally, Oddo Bhf upgraded Klepierre to an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Klepierre presently has a consensus rating of “Moderate Buy”.

Klepierre Stock Performance

The business’s fifty day moving average is $40.83 and its 200 day moving average is $39.65. The company has a quick ratio of 0.71, a current 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.