UBS Group set a €12.00 ($12.90) price objective on Grand City Properties (FRA:GYC – Get Rating) in a research report sent to investors on Thursday morning, Borsen Zeitung reports.
Several other equities analysts have also issued reports on the company. Barclays set a €9.10 ($9.78) target price on Grand City Properties in a research note on Wednesday, November 30th. JPMorgan Chase & Co. set a €11.75 ($12.63) target price on Grand City Properties in a report on Friday, December 9th. Berenberg Bank set a €13.00 ($13.98) price target on Grand City Properties in a report on Friday, December 9th. The Goldman Sachs Group set a €10.90 ($11.72) price target on shares of Grand City Properties in a research note on Wednesday, January 25th. Finally, Deutsche Bank Aktiengesellschaft set a €13.00 ($13.98) target price on shares of Grand City Properties in a report on Thursday, November 17th.
Grand City Properties Trading Down 10.2 %
FRA GYC opened at €7.35 ($7.90) on Thursday. The business’s fifty day simple moving average is €9.92 and its 200-day simple moving average is €9.99. Grand City Properties has a 52 week low of €16.61 ($17.86) and a 52 week high of €20.14 ($21.66).
Grand City Properties Company Profile
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.
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