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Klepierre (OTCMKTS:KLPEF) Sets New 12-Month High - Should You Buy?

Klepierre logo with Finance background

Key Points

  • Klepierre's stock price reached a new 52-week high of $40.97 during trading, reflecting strong market interest with a volume of 19,500 shares.
  • Berenberg Bank upgraded Klepierre's rating from "hold" to "strong-buy", indicating a positive outlook on the company.
  • Klepierre operates a portfolio valued at €19.3 billion across various large shopping centers in over 10 countries in Continental Europe.
  • MarketBeat previews top five stocks to own in October.

Klepierre (OTCMKTS:KLPEF - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $40.97 and last traded at $40.97, with a volume of 19500 shares changing hands. The stock had previously closed at $40.75.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised shares of Klepierre from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 25th.

View Our Latest Stock Analysis on Klepierre

Klepierre Stock Performance

The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.60. The stock's fifty day simple moving average is $38.80 and its 200-day simple moving average is $35.54.

About Klepierre

(Get Free Report)

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.

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Should You Invest $1,000 in Klepierre Right Now?

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