Brokerages Set Grand City Properties SA (GYC) Target Price at $24.81

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Grand City Properties SA (FRA:GYC) has been given an average rating of “Buy” by the sixteen analysts that are presently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is €24.98 ($29.05).

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. set a €24.50 ($28.49) price objective on shares of Grand City Properties and gave the stock a “neutral” rating in a report on Tuesday. Hauck & Aufhaeuser set a €23.00 ($26.74) price objective on shares of Grand City Properties and gave the stock a “neutral” rating in a report on Tuesday, March 26th. Goldman Sachs Group set a €22.50 ($26.16) price objective on shares of Grand City Properties and gave the stock a “buy” rating in a report on Thursday, April 4th. Kepler Capital Markets set a €25.00 ($29.07) price objective on shares of Grand City Properties and gave the stock a “buy” rating in a report on Monday, March 18th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Grand City Properties in a report on Tuesday, March 5th.

Shares of Grand City Properties stock opened at €21.08 ($24.51) on Friday. Grand City Properties has a fifty-two week low of €16.61 ($19.31) and a fifty-two week high of €20.14 ($23.42).

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.

Further Reading: Depreciation

Analyst Recommendations for Grand City Properties (FRA:GYC)

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