Klépierre (OTCMKTS:KLPEF) Cut to “Hold” at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Klépierre (OTCMKTS:KLPEF) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Klépierre Price Performance

OTCMKTS KLPEF remained flat at $30.87 on Monday. The firm has a 50 day moving average of $31.86 and a 200 day moving average of $29.30. Klépierre has a 1-year low of $23.79 and a 1-year high of $33.00.

About Klépierre

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.