Klepierre (OTCMKTS:KLPEF) Sets New 52-Week High – Time to Buy?

Klepierre (OTCMKTS:KLPEFGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $42.45 and last traded at $42.44, with a volume of 2101 shares. The stock had previously closed at $40.66.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. The Goldman Sachs Group upgraded Klepierre from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 29th. BNP Paribas Exane assumed coverage on Klepierre in a research note on Wednesday. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on KLPEF

Klepierre Stock Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 0.71 and a quick ratio of 0.71. The firm has a fifty day moving average of $40.56 and a 200-day moving average of $39.40.

Klepierre Company Profile

(Get Free Report)

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.

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