Jefferies Financial Group set a €20.00 ($23.26) price objective on Grand City Properties (FRA:GYC) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts have also commented on the company. JPMorgan Chase & Co. set a €24.50 ($28.49) price target on Grand City Properties and gave the company a neutral rating in a research note on Monday. DZ Bank restated a neutral rating on shares of Grand City Properties in a research note on Tuesday, July 2nd. Nord/LB set a €21.03 ($24.45) price target on Grand City Properties and gave the company a neutral rating in a research note on Tuesday, June 4th. 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 Friday, June 21st. Finally, Berenberg Bank set a €26.50 ($30.81) price target on Grand City Properties and gave the company a buy rating in a research note on Monday. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Grand City Properties currently has an average rating of Buy and a consensus price target of €24.07 ($27.98).
GYC stock opened at €19.66 ($22.86) on Monday. The business’s fifty day simple moving average is €20.64 and its two-hundred day simple moving average is €21.36. Grand City Properties has a twelve month low of €16.61 ($19.31) and a twelve month high of €20.14 ($23.42).
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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