Goldman Sachs Group Analysts Give Grand City Properties (FRA:GYC) a €23.00 Price Target
Goldman Sachs Group set a €23.00 ($26.74) target price on Grand City Properties (FRA:GYC) in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research firms have also recently commented on GYC. UBS Group set a €28.00 ($32.56) target price on shares of Grand City Properties and gave the stock a buy rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. set a €24.50 ($28.49) target price on shares of Grand City Properties and gave the stock a neutral rating in a research report on Monday, August 19th. Berenberg Bank set a €26.50 ($30.81) target price on shares of Grand City Properties and gave the stock a buy rating in a research report on Monday, September 9th. Hauck & Aufhaeuser set a €23.00 ($26.74) price objective on shares of Grand City Properties and gave the company a neutral rating in a report on Wednesday, September 11th. Finally, Nord/LB set a €21.03 ($24.45) price objective on shares of Grand City Properties and gave the company a neutral rating in a report on Monday, September 2nd. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Grand City Properties currently has an average rating of Hold and an average price target of €23.70 ($27.55).
FRA GYC opened at €19.88 ($23.12) on Monday. Grand City Properties has a 52 week low of €16.61 ($19.31) and a 52 week high of €20.14 ($23.42). The company has a 50-day moving average price of €20.14 and a two-hundred day moving average price of €21.19.
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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