Grand City Properties’ (GYC) “Buy” Rating Reiterated at DZ Bank

DZ Bank reissued their buy rating on shares of Grand City Properties (FRA:GYC) in a research note published on Thursday morning, Borsen Zeitung reports.

GYC has been the subject of a number of other research reports. Jefferies Financial Group set a €20.00 ($23.53) target price on Grand City Properties and gave the company a neutral rating in a report on Monday, November 16th. Berenberg Bank set a €25.00 ($29.41) target price on Grand City Properties and gave the company a buy rating in a report on Monday, November 16th. Nord/LB set a €20.00 ($23.53) target price on Grand City Properties and gave the company a neutral rating in a report on Tuesday, December 8th. The Goldman Sachs Group set a €24.80 ($29.18) target price on Grand City Properties and gave the company a buy rating in a report on Thursday, January 28th. Finally, Kepler Capital Markets set a €27.00 ($31.76) target price on Grand City Properties and gave the company a buy rating in a report on Wednesday, January 13th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Grand City Properties has an average rating of Buy and an average price target of €23.44 ($27.57).

Shares of FRA:GYC opened at €20.46 ($24.07) on Thursday. Grand City Properties has a one year low of €16.61 ($19.54) and a one year high of €20.14 ($23.69). The stock has a fifty day moving average of €20.76 and a 200-day moving average of €20.73.

Grand City Properties Company Profile

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Fürth, Munich, Mannheim, Frankfurt, Bremen, London, Mainz, and Hamburg.

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Analyst Recommendations for Grand City Properties (FRA:GYC)

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