Brokerages Set GGP Inc (GGP) Price Target at $24.00
Shares of GGP Inc (NYSE:GGP) have received a consensus rating of “Hold” from the eleven brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $24.00.
A number of research analysts have recently issued reports on the stock. Stifel Nicolaus restated a “buy” rating and issued a $27.00 price target on shares of GGP in a research report on Tuesday, August 28th. BMO Capital Markets set a $22.00 price target on shares of GGP and gave the stock a “hold” rating in a research report on Tuesday, July 31st. ValuEngine upgraded shares of GGP from a “strong sell” rating to a “sell” rating in a research report on Monday, July 30th. SunTrust Banks restated a “hold” rating on shares of GGP in a research report on Friday, July 20th. Finally, Zacks Investment Research downgraded shares of GGP from a “hold” rating to a “sell” rating in a research report on Friday, July 20th.
Shares of GGP stock remained flat at $$22.06 during trading hours on Monday. GGP has a 1 year low of $18.83 and a 1 year high of $24.23.
GGP Inc is an S&P 500 company focused exclusively on owning, managing, leasing and redeveloping high-quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.
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