Grand City Properties (FRA:GYC) received a €21.00 ($24.42) target price from Oddo Bhf in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Oddo Bhf’s target price points to a potential upside of 6.82% from the company’s current price.

GYC has been the subject of a number of other research reports. Nord/LB set a €21.03 ($24.45) target price on shares of Grand City Properties and gave the stock a “neutral” rating in a research report on Tuesday, June 4th. Berenberg Bank set a €26.50 ($30.81) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research report on Monday. Bank of America set a €22.00 ($25.58) target price on shares of Grand City Properties and gave the stock a “buy” rating in a research report on Thursday, July 4th. 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. Finally, HSBC set a €25.50 ($29.65) price objective on shares of Grand City Properties and gave the company a “buy” rating in a research report on Monday, July 15th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €24.07 ($27.98).

Shares of FRA:GYC opened at €19.66 ($22.86) on Tuesday. Grand City Properties has a twelve month low of €16.61 ($19.31) and a twelve month high of €20.14 ($23.42). The company has a 50-day moving average price of €20.64 and a two-hundred day moving average price of €21.36.

About Grand City Properties

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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