Grand City Properties (GYC) PT Set at €20.00 by Jefferies Financial Group
A number of other research firms have also commented on GYC. UBS Group set a €28.00 ($32.56) price target on shares of Grand City Properties and gave the company a buy rating in a report on Wednesday, September 5th. DZ Bank restated a neutral rating on shares of Grand City Properties in a report on Friday, August 17th. Commerzbank set a €24.00 ($27.91) price objective on shares of Grand City Properties and gave the stock a neutral rating in a report on Tuesday, October 9th. Nord/LB set a €22.74 ($26.44) price objective on shares of Grand City Properties and gave the stock a neutral rating in a report on Monday, September 3rd. Finally, Goldman Sachs Group set a €21.00 ($24.42) price objective on shares of Grand City Properties and gave the stock a neutral rating in a report on Friday, August 17th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Grand City Properties has a consensus rating of Buy and a consensus target price of €24.71 ($28.73).
FRA:GYC traded down €0.26 ($0.30) during midday trading on Friday, reaching €21.48 ($24.98). 234,409 shares of the stock traded hands. 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 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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