Berenberg Bank Analysts Give Grand City Properties (FRA:GYC) a €26.50 Price Target

Berenberg Bank set a €26.50 ($30.81) price target on Grand City Properties (FRA:GYC) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

GYC has been the subject of a number of other reports. 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. HSBC set a €25.50 ($29.65) price objective on shares of Grand City Properties and gave the company a buy rating in a research report on Monday, July 15th. Bank of America set a €22.00 ($25.58) price objective on shares of Grand City Properties and gave the company a buy rating in a research report on Thursday, July 4th. DZ Bank restated a neutral rating on shares of Grand City Properties in a research report on Tuesday, July 2nd. Finally, Goldman Sachs Group set a €22.90 ($26.63) price objective on shares of Grand City Properties and gave the company a buy rating in a research report on Monday. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €24.07 ($27.98).

GYC stock opened at €19.66 ($22.86) on Monday. The firm has a 50 day moving average of €20.64 and a 200-day moving average of €21.36. Grand City Properties has a 12 month low of €16.61 ($19.31) and a 12 month high of €20.14 ($23.42).

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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Analyst Recommendations for Grand City Properties (FRA:GYC)

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