Klepierre (OTCMKTS:KLPEF) Upgraded to Strong-Buy at The Goldman Sachs Group

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

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

Klepierre Stock Performance

Shares of OTCMKTS KLPEF opened at $35.55 on Friday. Klepierre has a 12-month low of $31.58 and a 12-month high of $41.50. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average of $38.81 and a 200 day moving average of $38.78.

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.