Berenberg Bank set a €26.50 ($30.81) price target on Grand City Properties (FRA:GYC) in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research analysts also recently commented on the stock. Oddo Bhf set a €21.00 ($24.42) target price on shares of Grand City Properties and gave the stock a neutral rating in a research note on Tuesday, May 21st. UBS Group set a €28.00 ($32.56) target price on shares of Grand City Properties and gave the stock a buy rating in a research note on Friday, June 21st. DZ Bank reaffirmed a neutral rating on shares of Grand City Properties in a research note on Tuesday, July 2nd. JPMorgan Chase & Co. set a €24.50 ($28.49) price objective on shares of Grand City Properties and gave the company a neutral rating in a research report on Monday. Finally, Hauck & Aufhaeuser set a €23.00 ($26.74) price objective on shares of Grand City Properties and gave the company a neutral rating in a research report on Friday, June 7th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of €24.07 ($27.98).
Shares of FRA GYC opened at €19.66 ($22.86) on Monday. Grand City Properties has a 52 week low of €16.61 ($19.31) and a 52 week high of €20.14 ($23.42). The firm’s fifty day moving average is €20.64 and its 200 day moving average is €21.36.
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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