Exane BNP Paribas lowered shares of Inmobiliaria Colonial, SOCIMI (OTCMKTS:IMQCF – Get Rating) from an outperform rating to a neutral rating in a report released on Monday, The Fly reports. The firm currently has €6.00 ($6.12) price objective on the stock.

Separately, JPMorgan Chase & Co. dropped their target price on shares of Inmobiliaria Colonial, SOCIMI from €10.25 ($10.46) to €7.00 ($7.14) and set an overweight rating for the company in a report on Friday, September 16th.

Inmobiliaria Colonial, SOCIMI Price Performance

Shares of IMQCF stock opened at $6.38 on Monday. Inmobiliaria Colonial, SOCIMI has a 1 year low of $6.38 and a 1 year high of $6.38. The company's fifty day simple moving average is $6.80 and its two-hundred day simple moving average is $8.25.

Inmobiliaria Colonial, SOCIMI Company Profile

Colonial is a Spanish listed REIT company (SOCIMI), leader in the European Prime office market with presence in the main business areas of Barcelona, Madrid and Paris with a prime office portfolio of more than one million of sqm of GLA and assets under management with a value of more than 12bn.

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