Grand City Properties (FRA:GYC) PT Set at €25.80 by The Goldman Sachs Group

The Goldman Sachs Group set a €25.80 ($30.35) price target on Grand City Properties (FRA:GYC) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. UBS Group set a €25.50 ($30.00) target price on Grand City Properties and gave the company a buy rating in a research note on Tuesday, January 12th. Berenberg Bank set a €25.00 ($29.41) target price on Grand City Properties and gave the company a buy rating in a research note on Friday, April 9th. Kepler Capital Markets set a €27.00 ($31.76) target price on Grand City Properties and gave the company a buy rating in a research note on Wednesday, January 13th. Jefferies Financial Group set a €22.00 ($25.88) target price on Grand City Properties and gave the company a neutral rating in a research note on Monday, March 15th. Finally, JPMorgan Chase & Co. set a €24.50 ($28.82) target price on Grand City Properties and gave the company a buy rating in a research note on Friday, January 15th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of €23.88 ($28.09).

Shares of GYC stock opened at €22.76 ($26.78) on Thursday. Grand City Properties has a 52-week low of €16.61 ($19.54) and a 52-week high of €20.14 ($23.69). The business’s fifty day moving average is €21.27 and its 200 day moving average is €20.72.

Grand City Properties Company Profile

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.

Further Reading: Guidelines for Successful Channel Trading

Analyst Recommendations for Grand City Properties (FRA:GYC)

Receive News & Ratings for Grand City Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand City Properties and related companies with MarketBeat.com's FREE daily email newsletter.