Grand City Properties SA (GYC) PT Set at €29.00 by HSBC Holdings plc
Grand City Properties SA (FRA:GYC) received a €29.00 ($34.52) price target from equities researchers at HSBC Holdings plc in a report issued on Thursday. The firm presently has a “buy” rating on the stock.
A number of other research firms have also commented on GYC. DZ Bank AG reaffirmed a “buy” rating on shares of Grand City Properties SA in a report on Monday, August 21st. J P Morgan Chase & Co set a €21.50 ($25.60) target price on shares of Grand City Properties SA and gave the stock a “buy” rating in a report on Thursday, August 31st. Kepler Capital Markets set a €23.00 ($27.38) target price on shares of Grand City Properties SA and gave the stock a “buy” rating in a report on Friday, August 18th. UBS AG reaffirmed a “buy” rating on shares of Grand City Properties SA in a report on Monday, August 21st. Finally, Goldman Sachs Group, Inc. (The) set a €18.40 ($21.90) target price on shares of Grand City Properties SA and gave the stock a “neutral” rating in a report on Thursday, June 15th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Grand City Properties SA currently has an average rating of “Buy” and an average target price of €22.67 ($26.98).
Grand City Properties SA (FRA GYC) traded up 0.48% during midday trading on Thursday, hitting €18.79. The stock had a trading volume of 260 shares. The stock’s 50-day moving average is €18.11 and its 200-day moving average is €17.85. Grand City Properties SA has a one year low of €14.70 and a one year high of €19.30. The company has a market cap of €3.10 billion and a P/E ratio of 7.64.
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