Grand City Properties (GYC) Given a €21.03 Price Target by Nord/LB Analysts

Grand City Properties (FRA:GYC) received a €21.03 ($24.45) price objective from Nord/LB in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s price objective would suggest a potential downside of 9.66% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. DZ Bank reiterated a “buy” rating on shares of Grand City Properties in a research report on Tuesday, March 5th. Hauck & Aufhaeuser set a €23.00 ($26.74) price target on shares of Grand City Properties and gave the stock a “neutral” rating in a research report on Tuesday, March 26th. Jefferies Financial Group set a €20.00 ($23.26) price target on shares of Grand City Properties and gave the stock a “neutral” rating in a research report on Monday, March 18th. JPMorgan Chase & Co. set a €22.00 ($25.58) price target on shares of Grand City Properties and gave the stock a “neutral” rating in a research report on Monday, March 18th. Finally, UBS Group set a €29.00 ($33.72) price target on shares of Grand City Properties and gave the stock a “buy” rating in a research report on Tuesday, March 5th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Grand City Properties has a consensus rating of “Buy” and a consensus target price of €24.46 ($28.45).

GYC opened at €23.28 ($27.07) on Tuesday. 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.

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Analyst Recommendations for Grand City Properties (FRA:GYC)

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