Grand City Properties’ (GYC) “Neutral” Rating Reaffirmed at Goldman Sachs Group Inc
Several other research firms have also recently commented on GYC. Berenberg Bank set a €23.00 ($27.06) target price on Grand City Properties and gave the company a buy rating in a research note on Tuesday, September 19th. DZ Bank AG reiterated a buy rating on shares of Grand City Properties in a research note on Monday, August 21st. J P Morgan Chase & Co set a €21.50 ($25.29) price objective on Grand City Properties and gave the stock a buy rating in a research note on Thursday, August 31st. Deutsche Bank AG set a €21.00 ($24.71) price objective on Grand City Properties and gave the stock a neutral rating in a research note on Tuesday, September 26th. Finally, Kepler Capital Markets set a €23.00 ($27.06) price objective on Grand City Properties and gave the stock a buy rating in a research note on Friday, August 18th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of €22.70 ($26.71).
Shares of Grand City Properties (GYC) opened at €19.14 ($22.52) on Monday. Grand City Properties has a 12 month low of €15.17 ($17.85) and a 12 month high of €19.30 ($22.71).
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Grand City Properties SA operates as a real estate company in Germany. The company invests in, purchases, redevelops, sells, and manages real estate properties located in North Rhine-Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg, as well as in Berlin.
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