Unibail-Rodamco-Westfield (OTCMKTS:UNBLF) Shares Down 2.2% – What’s Next?

Unibail-Rodamco-Westfield SE (OTCMKTS:UNBLF)’s stock price was down 2.2% during trading on Tuesday . The stock traded as low as $106.83 and last traded at $106.83. Approximately 31 shares were traded during trading, a decline of 63% from the average daily volume of 83 shares. The stock had previously closed at $109.2875.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Unibail-Rodamco-Westfield in a research note on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Unibail-Rodamco-Westfield Stock Performance

The business’s 50 day simple moving average is $107.09 and its two-hundred day simple moving average is $103.28.

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.