The Goldman Sachs Group lowered shares of Gecina (OTCMKTS:GECFF – Free Report) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks reports.
Gecina Price Performance
Shares of Gecina stock opened at $71.75 on Wednesday. Gecina has a 52 week low of $69.00 and a 52 week high of $94.74. The stock has a 50 day moving average price of $74.09 and a two-hundred day moving average price of $82.27.
Gecina Company Profile
Gecina is a French real estate investment company that owns, develops and manages property assets, with a primary focus on office and residential real estate. The company’s portfolio is concentrated in Paris and the surrounding Île-de-France region, one of Europe’s largest commercial and residential property markets.
Gecina provides professionally managed workspaces for businesses and housing for individual tenants. Its activities also include student residences and related real estate services, giving the company exposure to several segments of the urban property market.
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