Grand City Properties S.A. (FRA:GYC) has received an average recommendation of “Buy” from the eleven research firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is €22.73 ($27.06).
A number of brokerages have recently commented on GYC. Goldman Sachs Group set a €18.80 ($22.38) target price on Grand City Properties and gave the stock a “neutral” rating in a report on Wednesday. Deutsche Bank set a €22.00 ($26.19) target price on Grand City Properties and gave the stock a “buy” rating in a report on Thursday, November 23rd. Jefferies Group set a €20.00 ($23.81) target price on Grand City Properties and gave the stock a “neutral” rating in a report on Tuesday, November 21st. UBS Group set a €23.00 ($27.38) target price on Grand City Properties and gave the stock a “buy” rating in a report on Friday, November 17th. Finally, DZ Bank restated a “buy” rating on shares of Grand City Properties in a report on Friday, November 17th.
Grand City Properties (FRA:GYC) opened at €19.34 ($23.02) on Friday. The company has a market capitalization of $3,150.00 and a P/E ratio of 6.93. Grand City Properties has a 1-year low of €16.01 ($19.06) and a 1-year high of €19.95 ($23.75).
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.
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