Jefferies Financial Group set a €20.00 ($23.26) target price on Grand City Properties (FRA:GYC) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts have also commented on GYC. UBS Group set a €28.00 ($32.56) price target on Grand City Properties and gave the company a buy rating in a research note on Wednesday, September 4th. Nord/LB set a €21.03 ($24.45) price objective on Grand City Properties and gave the company a neutral rating in a research report on Monday, September 2nd. Hauck & Aufhaeuser set a €23.00 ($26.74) price objective on Grand City Properties and gave the company a neutral rating in a research report on Wednesday, September 11th. Credit Suisse Group set a €25.20 ($29.30) price objective on Grand City Properties and gave the company a buy rating in a research report on Tuesday, October 29th. Finally, Kepler Capital Markets set a €25.00 ($29.07) price objective on Grand City Properties and gave the company a buy rating in a research report on Monday. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Grand City Properties has a consensus rating of Hold and an average target price of €23.70 ($27.55).
Shares of Grand City Properties stock remained flat at $€21.38 ($24.86) during trading on Monday. The stock had a trading volume of 285,374 shares. Grand City Properties has a 1 year low of €16.61 ($19.31) and a 1 year high of €20.14 ($23.42). The firm’s 50-day moving average is €20.80 and its two-hundred day moving average is €20.94.
About Grand City Properties
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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