Mercialys: Shares down post results, Kepler cuts
20/04/2021 10:00
** Kepler Cheuvreux cuts Mercialys MERY.PA to "hold" from
"buy" on the back of the French shopping malls operator Q1
rental revenue drop, adding the group's 100% French exposure
will impact it more than peers
** Shares fall 4% and reduce year-to-date gains to about 41%
** Mercialys said late on Monday that the start of the year
is still significantly marked by the health crisis urn:newsml:reuters.com:*:nFWN2MC0W5
** "We need more visibility on the reopening of French
centres and the potential support measures that will allow the
state to pay for rents," Kepler says
((diana.mandiaalvarez@thomsonreuters.com))