MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Stock Price Up 3%

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Rating) rose 3% on Friday . The stock traded as high as $10.02 and last traded at $10.02. Approximately 100 shares were traded during trading, a decline of 85% from the average daily volume of 675 shares. The stock had previously closed at $9.73.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their target price on MERLIN Properties SOCIMI from €11.40 ($12.39) to €10.50 ($11.41) and set a “neutral” rating on the stock in a report on Friday, December 9th.

MERLIN Properties SOCIMI Stock Performance

The business has a 50-day moving average of $9.47 and a two-hundred day moving average of $9.07.

MERLIN Properties SOCIMI Company Profile

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MERLIN Properties SOCIMI SA is engaged in the acquisition, development, and management of commercial real estate properties in the Iberian peninsula. It operates through the following segments: Office Buildings, Net Lease, Shopping Centres, Logistics Assets, and Other. The company was founded on March 25, 2014 and is headquartered in Madrid, Spain.

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