Grand City Properties SA (FRA:GYC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Grand City Properties SA (FRA:GYC) have earned an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €23.65 ($27.49).

Several analysts have recently weighed in on GYC shares. Credit Suisse Group set a €25.20 ($29.30) price objective on Grand City Properties and gave the stock a “buy” rating in a report on Tuesday, October 29th. Berenberg Bank set a €26.50 ($30.81) price objective on Grand City Properties and gave the stock a “buy” rating in a report on Monday, November 18th. UBS Group set a €28.00 ($32.56) price objective on Grand City Properties and gave the stock a “buy” rating in a report on Wednesday. Nord/LB set a €21.03 ($24.45) price objective on Grand City Properties and gave the stock a “neutral” rating in a report on Thursday, December 5th. Finally, Jefferies Financial Group set a €20.00 ($23.26) price objective on Grand City Properties and gave the stock a “neutral” rating in a report on Monday, November 18th.

Shares of FRA:GYC traded up €0.40 ($0.47) during trading on Monday, hitting €22.48 ($26.14). 139,115 shares of the stock were exchanged. Grand City Properties has a 1-year low of €16.61 ($19.31) and a 1-year high of €20.14 ($23.42). The company’s fifty day simple moving average is €21.26 and its 200-day simple moving average is €20.71.

Grand City Properties Company Profile

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.

See Also: What is quantitative easing?

Analyst Recommendations for Grand City Properties (FRA:GYC)

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.