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.

Large investors have recently modified their holdings of the stock. Piedmont Investment Advisors LLC bought a new stake in GGP in the 2nd quarter valued at about $151,000. HRT Financial LLC bought a new stake in GGP in the 2nd quarter valued at about $228,000. Creative Planning bought a new stake in GGP in the 2nd quarter valued at about $231,000. Stifel Financial Corp bought a new stake in GGP in the 1st quarter valued at about $258,000. Finally, Oppenheimer & Co. Inc. lifted its position in GGP by 30.2% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 12,985 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 3,015 shares during the last quarter. Hedge funds and other institutional investors own 86.21% of the company’s stock.

About GGP

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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Analyst Recommendations for GGP (NYSE:GGP)

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