DZ Bank reissued their buy rating on shares of Grand City Properties (FRA:GYC) in a research note published on Monday, Borsen Zeitung reports.
Other equities analysts have also recently issued research reports about the company. Nord/LB set a €20.50 ($24.12) price objective on Grand City Properties and gave the company a neutral rating in a report on Tuesday, June 23rd. Jefferies Financial Group set a €16.00 ($18.82) price objective on Grand City Properties and gave the company a sell rating in a report on Monday. Goldman Sachs Group set a €20.90 ($24.59) target price on Grand City Properties and gave the stock a buy rating in a report on Monday. Hauck & Aufhaeuser set a €21.00 ($24.71) target price on Grand City Properties and gave the stock a neutral rating in a report on Wednesday, May 20th. Finally, UBS Group set a €29.00 ($34.12) target price on Grand City Properties and gave the stock a buy rating in a report on Monday, May 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of €22.28 ($26.21).
GYC opened at €21.52 ($25.32) on Monday. The business has a fifty day moving average of €20.53 and a 200 day moving average of €20.50. Grand City Properties has a 52-week low of €16.61 ($19.54) and a 52-week high of €20.14 ($23.69).
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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