Grand City Properties (FRA:GYC) Given a €12.60 Price Target at The Goldman Sachs Group

The Goldman Sachs Group set a €12.60 ($12.86) price objective on Grand City Properties (FRA:GYCGet Rating) in a research note released on Thursday morning, Borsen Zeitung reports.

Other equities research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.27) price target on shares of Grand City Properties in a report on Tuesday, August 16th. JPMorgan Chase & Co. set a €14.00 ($14.29) target price on shares of Grand City Properties in a report on Friday, September 16th. UBS Group set a €17.50 ($17.86) target price on shares of Grand City Properties in a report on Wednesday, June 29th. Barclays set a €16.80 ($17.14) target price on shares of Grand City Properties in a report on Monday, July 4th. Finally, Berenberg Bank set a €19.00 ($19.39) target price on shares of Grand City Properties in a report on Monday, August 22nd.

Grand City Properties Trading Down 2.8 %

Shares of FRA GYC opened at €10.29 ($10.50) on Thursday. Grand City Properties has a 12 month low of €16.61 ($16.95) and a 12 month high of €20.14 ($20.55). The company has a 50-day simple moving average of €12.50 and a 200-day simple moving average of €15.22.

About Grand City Properties

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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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