Grand City Properties (GYC) Given a €22.50 Price Target by Goldman Sachs Group Analysts

Grand City Properties (FRA:GYC) has been given a €22.50 ($26.16) price target by Goldman Sachs Group in a report released on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s target price points to a potential downside of 1.49% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Kepler Capital Markets set a €25.00 ($29.07) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Monday, March 18th. Berenberg Bank set a €26.50 ($30.81) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Monday, March 18th. UBS Group set a €29.00 ($33.72) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Monday, March 18th. DZ Bank reaffirmed a “buy” rating on shares of Grand City Properties in a research report on Tuesday, March 5th. Finally, Credit Suisse Group set a €25.50 ($29.65) price objective on Grand City Properties and gave the company a “buy” rating in a research report on Friday, February 1st. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of €24.78 ($28.81).

Shares of FRA:GYC opened at €22.84 ($26.56) on Monday. Grand City Properties has a 1-year low of €16.61 ($19.31) and a 1-year 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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