Grand City Properties (GYC) Given a €22.00 Price Target by JPMorgan Chase & Co. Analysts

Grand City Properties (FRA:GYC) has been given a €22.00 ($25.58) target price by analysts at JPMorgan Chase & Co. in a research report issued on Monday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 1.35% from the company’s current price.

Other research analysts have also issued research reports about the stock. Berenberg Bank set a €26.50 ($30.81) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Tuesday, December 4th. Credit Suisse Group set a €25.50 ($29.65) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Thursday, November 29th. Commerzbank set a €24.50 ($28.49) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Wednesday, November 28th. Deutsche Bank set a €26.00 ($30.23) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Monday, November 26th. Finally, Kepler Capital Markets set a €25.00 ($29.07) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Monday, November 19th. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of €24.90 ($28.95).

Shares of GYC stock opened at €22.30 ($25.93) on Monday. 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: Quiet Period Expirations

Analyst Recommendations for Grand City Properties (FRA:GYC)

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