Klepierre (OTCMKTS:KLPEF) Reaches New 12-Month High – Still a Buy?

Klepierre (OTCMKTS:KLPEF)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $41.00 and last traded at $41.00, with a volume of 2000 shares. The stock had previously closed at $40.19.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised Klepierre from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Klepierre Trading Up 2.6%

The stock has a 50 day moving average of $39.02 and a two-hundred day moving average of $35.76. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.60.

Klepierre Company Profile

Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company's portfolio is valued at 19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year.