Multiplan traded at 30.40 this Friday March 27th, decreasing 0.39 or 1.27 percent since the previous trading session. Looking back, over the last four weeks, Multiplan lost 10.88 percent. Over the last 12 months, its price rose by 34.91 percent. Looking ahead, we forecast Multiplan to be priced at 29.58 by the end of this quarter and at 27.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
Multiplan Empreendimentos Imobiliarios SA is a Brazil-based company primarily engaged in the real estate sector. The Company's activities are divided into four business segments: Rental, Real estate, Projects and Management. The Rental division focuses on leasing of shopping malls and their parking lots. The Real estate division includes sale of properties, such as multifamily homes, built in the surroundings of shopping malls. The Projects division specializes in the planning, development and construction of commercial centers for lease. The Management division primarily offers management services to storeowners. The Company holds and administers numerous shopping malls in Brazil, such as BH Shopping, BarraShopping, RibeiraoShopping, MorumbiShopping, ParkShopping, DiamondMall, Shopping Analia Franco, BarraShopping Sul, New York City Center and Shopping Santa Ursula.