Klepierre (KLPEF) Projected to Post Earnings on Wednesday

Klepierre (OTCMKTS:KLPEF) is projected to release its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $1.58 per share and revenue of $747.1740 million for the quarter.

Klepierre Price Performance

KLPEF opened at $43.22 on Wednesday. The stock’s 50 day simple moving average is $40.94 and its 200 day simple moving average is $39.71. 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 1 year low of $35.55 and a 1 year high of $43.22.

Analyst Ratings Changes

Several brokerages have weighed in on KLPEF. BNP Paribas Exane started coverage on Klepierre in a research report on Wednesday, July 1st. They issued a “neutral” rating for the company. The Goldman Sachs Group upgraded shares of Klepierre from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 29th. Finally, Oddo Bhf raised shares of Klepierre to an “outperform” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

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.