Grand City Properties (FRA:GYC) received a €20.00 ($23.26) target price from equities research analysts at Jefferies Financial Group in a research report issued on Monday. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential downside of 10.47% from the company’s previous close.
Several other equities analysts have also issued reports on the stock. UBS Group set a €29.00 ($33.72) target price on shares of Grand City Properties and gave the company a “buy” rating in a report on Tuesday, March 5th. DZ Bank reiterated a “buy” rating on shares of Grand City Properties in a report on Tuesday, March 5th. Credit Suisse Group set a €25.50 ($29.65) price objective on shares of Grand City Properties and gave the company a “buy” rating in a report on Friday, February 1st. Goldman Sachs Group set a €22.80 ($26.51) price objective on shares of Grand City Properties and gave the company a “buy” rating in a report on Thursday, January 24th. Finally, Berenberg Bank set a €26.50 ($30.81) price objective on shares of Grand City Properties and gave the company a “buy” rating in a report on Wednesday, January 2nd. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of €24.90 ($28.95).
GYC stock opened at €22.34 ($25.98) on Monday. Grand City Properties has a 12-month low of €16.61 ($19.31) and a 12-month high of €20.14 ($23.42).
Grand City Properties Company Profile
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.
Featured Article: What are the most popular ETFs
Receive News & Ratings for Grand City Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand City Properties and related companies with MarketBeat.com's FREE daily email newsletter.