BR Malls Participacoes (BRMSY) Lowered to Neutral at Citigroup

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Citigroup cut shares of BR Malls Participacoes (OTCMKTS:BRMSY) from a buy rating to a neutral rating in a report issued on Friday, December 28th, The Fly reports.

Shares of BRMSY stock opened at $6.91 on Friday. BR Malls Participacoes has a 52-week low of $3.78 and a 52-week high of $8.43. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.24.

BR Malls Participacoes Company Profile

BR Malls Participações SA operates as a shopping mall company in Brazil. It also manages parking lot operation. As of March 16, 2018, it owned a portfolio of 39 malls comprising 1,445.5 thousand square meters of gross leasable area and 877.1 thousand square meters of gross leasable area. The company was founded in 1949 and is headquartered in Rio de Janeiro, Brazil.

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