Grand City Properties (FRA:GYC) has been assigned a €23.50 ($27.65) price target by stock analysts at Barclays in a research note issued on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Barclays‘s price target points to a potential upside of 3.52% from the stock’s previous close.
Several other equities analysts have also issued reports on the company. UBS Group set a €25.50 ($30.00) price target on Grand City Properties and gave the company a “buy” rating in a research note on Friday, April 16th. The Goldman Sachs Group set a €25.80 ($30.35) target price on shares of Grand City Properties and gave the company a “buy” rating in a research report on Thursday, April 15th. Deutsche Bank Aktiengesellschaft set a €23.00 ($27.06) price target on shares of Grand City Properties and gave the stock a “buy” rating in a research report on Tuesday, March 16th. Kepler Capital Markets set a €27.00 ($31.76) price objective on shares of Grand City Properties and gave the company a “buy” rating in a research note on Wednesday, January 13th. Finally, Jefferies Financial Group set a €22.00 ($25.88) price target on Grand City Properties and gave the stock a “neutral” rating in a research report on Monday, March 15th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of €24.18 ($28.45).
FRA:GYC opened at €22.70 ($26.71) on Monday. The stock’s fifty day moving average price is €21.50 and its two-hundred day moving average price is €20.77. Grand City Properties has a 52-week low of €16.61 ($19.54) and a 52-week high of €20.14 ($23.69).
Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.
Read More: How prevalent are 12b-1 fees?
Receive News & Ratings for Grand City Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand City Properties and related companies with MarketBeat.com's FREE daily email newsletter.