Stock To Watch: General Growth Properties, Inc. (NYSE:GGP)


The leading market experts have placed a mean price target of $32.35 on General Growth Properties, Inc. (NYSE:GGP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.37 a share for the upcoming quarter and $1.55 for the current fiscal. Technical View The technical analysis of General Growth Properties, Inc. plainly substantiates that the 50-day moving average of General Growth Properties, Inc. is $27.67, and stock is hovering 0.53 or +1.93% distant from $27.67. It is noted that the 200-day MA is $27.55, and General Growth Properties, Inc. stock is $0.66 or +2.38% off from this point. General Growth Properties, Inc. (NYSE:GGP) 52-week high is $30.30 and the 52-week low is $24.22. This explains if the stock moves $-2.09, it will post a 52-week high. In event of $+16.47% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of General Growth Properties, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, General Growth Properties, Inc. (NYSE:GGP) ratio came in at 29.11. The stock last ended the trading session at $28.21 and registered a market cap of $24.90B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. General Growth Properties, Inc. (NYSE:GGP) PEG ratio is at 2.56.

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