Klépierre (OTCMKTS:KLPEF) Downgraded by The Goldman Sachs Group to “Hold”

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

Klépierre Price Performance

KLPEF remained flat at $30.87 during trading on Monday. Klépierre has a fifty-two week low of $23.79 and a fifty-two week high of $33.00. The company’s 50 day simple moving average is $31.86 and its 200-day simple moving average is $29.30.

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.