MERLIN Properties SOCIMI (MRPRF) Projected to Post Quarterly Earnings on Friday

MERLIN Properties SOCIMI (OTCMKTS:MRPRF) is anticipated to post its results before the market opens on Friday, February 27th. Analysts expect MERLIN Properties SOCIMI to post earnings of $0.1409 per share and revenue of $165.9590 million for the quarter.

MERLIN Properties SOCIMI Price Performance

MRPRF stock opened at $15.77 on Monday. MERLIN Properties SOCIMI has a twelve month low of $9.41 and a twelve month high of $16.00. The business’s fifty day moving average is $14.52 and its 200-day moving average is $14.80.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MERLIN Properties SOCIMI in a report on Monday, December 1st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

MERLIN Properties SOCIMI Company Profile

Merlin Properties Socimi, SA is a Spanish real estate investment trust (SOCIMI) headquartered in Madrid. The company specializes in the acquisition, development and management of commercial real estate assets, including office, retail, logistics and residential properties. Merlin’s operations encompass strategic asset repositioning, leasing and day-to-day property management to enhance portfolio performance and tenant satisfaction.

Founded in April 2014 through the spin-off of Metrovacesa’s portfolio, Merlin Properties has pursued growth via disciplined investments and selective mergers, most notably its 2017 combination with Hispania Activos Inmobiliarios.