Grand City Properties (FRA:GYC) Receives “Neutral” Rating from DZ Bank

Grand City Properties (FRA:GYC)‘s stock had its “neutral” rating reissued by analysts at DZ Bank in a research note issued on Thursday, Borsen Zeitung reports.

GYC has been the subject of several other reports. JPMorgan Chase & Co. set a €24.50 ($28.49) target price on Grand City Properties and gave the company a “buy” rating in a research report on Thursday. Nord/LB set a €21.03 ($24.45) target price on Grand City Properties and gave the company a “neutral” rating in a report on Thursday, December 5th. UBS Group set a €28.00 ($32.56) target price on Grand City Properties and gave the company a “buy” rating in a report on Wednesday. Jefferies Financial Group set a €20.00 ($23.26) target price on Grand City Properties and gave the company a “neutral” rating in a report on Monday, November 18th. Finally, Credit Suisse Group set a €25.20 ($29.30) price target on Grand City Properties and gave the company a “buy” rating in a research report on Tuesday, October 29th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of €23.62 ($27.46).

Shares of Grand City Properties stock traded up €0.56 ($0.65) during trading hours on Thursday, hitting €22.08 ($25.67). 212,974 shares of the company’s stock traded hands. Grand City Properties has a 12-month low of €16.61 ($19.31) and a 12-month high of €20.14 ($23.42). The company has a fifty day simple moving average of €21.21 and a 200-day simple moving average of €20.69.

Grand City Properties Company Profile

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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