Pareto Securities cut shares of Wihlborgs Fastigheter (OTCMKTS:WIHLY) from a buy rating to a hold rating in a research note released on Tuesday morning, The Fly reports.
Separately, DNB Markets downgraded Wihlborgs Fastigheter from a buy rating to a hold rating in a research report on Tuesday.
OTCMKTS WIHLY opened at $18.17 on Tuesday.
Wihlborgs Fastigheter AB (publ), a property company, owns, develops, operates, and manages commercial properties in the Öresund region, Sweden. Its property portfolio includes office, retail, industrial/warehousing, education/care, and hotel properties in Malmö, Helsingborg, Lund, and Copenhagen. As of December 31, 2019, the company's property portfolio consisted of 312 properties with a total lettable area of approximately 2,181,000 square meters.
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