Grand City Properties (GYC) Given a €20.00 Price Target at Jefferies Financial Group

Jefferies Financial Group set a €20.00 ($23.26) price objective on Grand City Properties (FRA:GYC) in a report published on Friday morning. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Hauck & Aufhaeuser set a €22.30 ($25.93) price target on shares of Grand City Properties and gave the stock a neutral rating in a research note on Thursday, September 6th. Commerzbank set a €24.00 ($27.91) price target on shares of Grand City Properties and gave the stock a neutral rating in a research note on Tuesday, October 9th. UBS Group set a €28.00 ($32.56) price target on shares of Grand City Properties and gave the stock a buy rating in a research note on Wednesday, September 5th. Deutsche Bank set a €24.50 ($28.49) price target on shares of Grand City Properties and gave the stock a buy rating in a research note on Tuesday, July 24th. Finally, Berenberg Bank set a €26.50 ($30.81) price target on shares of Grand City Properties and gave the stock a buy rating in a research note on Tuesday, August 28th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Grand City Properties has an average rating of Buy and an average target price of €24.71 ($28.73).

GYC stock traded down €0.26 ($0.30) during midday trading on Friday, reaching €21.48 ($24.98). The company had a trading volume of 234,409 shares. Grand City Properties has a 1 year low of €16.61 ($19.31) and a 1 year high of €20.14 ($23.42).

About Grand City Properties

Grand City Properties SA invests in and manages real estate properties in Germany. The company engages in buying, re-developing, optimizing, and repositioning real estate properties in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg.

Further Reading: Earnings Per Share

Analyst Recommendations for Grand City Properties (FRA:GYC)

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