Klepierre (OTCMKTS:KLPEF) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Klepierre (OTCMKTS:KLPEF) from a sell rating to a hold rating in a report released on Tuesday morning, Zacks.com reports.

According to Zacks, “Klepierre SA is a real estate investment trust. The company provides shopping center property primarily in Europe. It also offers development, rental, property and asset management services. Klepierre SA is headquartered in Paris, France. “

Shares of OTCMKTS:KLPEF opened at $33.40 on Tuesday. Klepierre has a 52-week low of $29.50 and a 52-week high of $38.60. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.32 and a quick ratio of 0.32. The business has a 50-day moving average price of $33.83.

About Klepierre

Klépierre, the pan-European leader in shopping malls, combines development, property and asset management skills. The company's portfolio is valued at €24.4 billion at December 31, 2018 and comprises large shopping centers in 16 countries in Continental Europe which together host 1.1 billion visitors per year.

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