Unibail-Rodamco-Westfield (OTCMKTS:UNBLF) Trading Up 2.8% – Time to Buy?

Unibail-Rodamco-Westfield SE (OTCMKTS:UNBLF)’s share price traded up 2.8% during trading on Friday . The company traded as high as $110.00 and last traded at $110.00. 6 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 265 shares. The stock had previously closed at $107.00.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Unibail-Rodamco-Westfield in a report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Unibail-Rodamco-Westfield Stock Performance

The company has a 50-day moving average of $105.57 and a 200-day moving average of $101.47.

Unibail-Rodamco-Westfield Company Profile

Unibail-Rodamco-Westfield is a leading global commercial real estate company specializing in the ownership, development and management of flagship shopping destinations, office spaces and convention centres. Formed in 2018 through the merger of European shopping centre specialist Unibail-Rodamco and Australia-based Westfield Corporation, the company brought together two long-standing retail property platforms to create one of the world’s largest listed commercial real estate firms.

The company’s core business activities are centered on premier retail real estate, with a portfolio that includes high-footfall shopping centres, mixed-use urban developments and experiential retail venues.