Grand City Properties (FRA:GYC) has been given a €26.00 ($30.95) price target by stock analysts at UBS in a research note issued on Friday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS’s target price suggests a potential upside of 25.97% from the company’s previous close.

Several other research firms have also recently commented on GYC. Kepler Capital Markets set a €23.00 ($27.38) price target on shares of Grand City Properties and gave the company a “buy” rating in a research note on Wednesday. Deutsche Bank set a €22.00 ($26.19) price target on shares of Grand City Properties and gave the company a “buy” rating in a research note on Tuesday, May 1st. Nord/LB set a €19.50 ($23.21) price target on shares of Grand City Properties and gave the company a “neutral” rating in a research note on Thursday, April 26th. Goldman Sachs set a €20.00 ($23.81) price target on shares of Grand City Properties and gave the company a “neutral” rating in a research note on Thursday, April 19th. Finally, Credit Suisse Group set a €20.20 ($24.05) price target on shares of Grand City Properties and gave the company a “neutral” rating in a research note on Tuesday, January 23rd. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €23.01 ($27.40).

GYC opened at €20.64 ($24.57) on Friday. Grand City Properties has a one year low of €16.61 ($19.77) and a one year high of €20.14 ($23.98).

About Grand City Properties

Grand City Properties SA operates as a real estate company. The company invests in, purchases, redevelops, manages, and sells residential properties in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg, Germany, as well as in London. Grand City Properties SA was incorporated in 2011 and is based in Luxembourg City, Luxembourg.

Analyst Recommendations for Grand City Properties (FRA:GYC)

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