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Klépierre (OTCMKTS:KLPEF) Stock Price Up 0.6% - Still a Buy?

Klépierre logo with Finance background

Shares of Klépierre SA (OTCMKTS:KLPEF - Get Free Report) shot up 0.6% on Friday . The stock traded as high as $38.75 and last traded at $38.75. 300 shares were traded during mid-day trading, a decline of 61% from the average session volume of 762 shares. The stock had previously closed at $38.53.

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on Klépierre

Klépierre Stock Performance

The stock's 50-day moving average is $35.40 and its 200-day moving average is $31.95.

Klépierre Company Profile

(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 Klépierre Right Now?

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