Grand City Properties’ (GYC) “Neutral” Rating Reiterated at DZ Bank

DZ Bank restated their neutral rating on shares of Grand City Properties (FRA:GYC) in a research report sent to investors on Thursday morning, Borsen Zeitung reports.

GYC has been the subject of several other research reports. 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 research note on Thursday, December 5th. Jefferies Financial Group set a €20.00 ($23.26) target price on shares of Grand City Properties and gave the stock a neutral rating in a research report on Monday, November 18th. Deutsche Bank set a €23.50 ($27.33) target price on Grand City Properties and gave the company a neutral rating in a report on Tuesday, November 19th. Barclays set a €22.70 ($26.40) price target on Grand City Properties and gave the stock a neutral rating in a research report on Thursday, January 9th. Finally, Berenberg Bank set a €26.50 ($30.81) price target on Grand City Properties and gave the stock a buy rating in a research report on Monday, November 18th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €23.65 ($27.49).

Shares of GYC opened at €22.48 ($26.14) on Thursday. The company’s fifty day moving average is €21.26 and its 200-day moving average is €20.71. Grand City Properties has a 12 month low of €16.61 ($19.31) and a 12 month high of €20.14 ($23.42).

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.

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Analyst Recommendations for Grand City Properties (FRA:GYC)

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