Grand City Properties S.A. (GYC) Given Consensus Recommendation of “Buy” by Analysts

Grand City Properties S.A. (FRA:GYC) has received a consensus recommendation of “Buy” from the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is €23.17 ($27.25).

A number of analysts recently commented on the company. DZ Bank reiterated a “buy” rating on shares of Grand City Properties in a research report on Friday, September 8th. Oddo Bhf set a €21.00 ($24.71) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Monday, August 21st. UBS set a €23.00 ($27.06) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Friday, August 11th. Berenberg Bank set a €23.00 ($27.06) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Tuesday, September 19th. Finally, J P Morgan Chase & Co set a €21.50 ($25.29) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Thursday, August 31st.

Grand City Properties (GYC) opened at €19.14 ($22.51) on Wednesday. Grand City Properties has a one year low of €15.17 ($17.85) and a one year high of €19.30 ($22.71).

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About Grand City Properties

Grand City Properties SA operates as a real estate company in Germany. The company invests in, purchases, redevelops, sells, and manages real estate properties located in North Rhine-Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg, as well as in Berlin.

Analyst Recommendations for Grand City Properties (FRA:GYC)

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