Grand City Properties SA (GYC) Receives Consensus Rating of “Buy” from Brokerages

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Shares of Grand City Properties SA (FRA:GYC) have received an average recommendation of “Buy” from the sixteen ratings firms that are covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €24.78 ($28.81).

Several research analysts have commented on the stock. Berenberg Bank set a €26.50 ($30.81) price objective on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Monday, March 18th. UBS Group set a €29.00 ($33.72) price objective on shares of Grand City Properties and gave the stock a “buy” rating in a research note on Monday, March 18th. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on shares of Grand City Properties and gave the stock a “neutral” rating in a research note on Monday, March 18th. Jefferies Financial Group set a €20.00 ($23.26) price objective on shares of Grand City Properties and gave the stock a “neutral” rating in a research note on Monday, March 18th. Finally, Oddo Bhf set a €21.00 ($24.42) price objective on shares of Grand City Properties and gave the stock a “neutral” rating in a research note on Tuesday, March 19th.

Shares of GYC stock traded up €0.12 ($0.14) on Wednesday, reaching €22.40 ($26.05). The company’s stock had a trading volume of 170,584 shares. Grand City Properties has a 1 year low of €16.61 ($19.31) and a 1 year 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.

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Analyst Recommendations for Grand City Properties (FRA:GYC)

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