Bank of America set a €22.00 ($25.58) target price on Grand City Properties (FRA:GYC) in a report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Nord/LB set a €21.03 ($24.45) price target on Grand City Properties and gave the stock a neutral rating in a research report on Tuesday, April 23rd. HSBC set a €27.50 ($31.98) price target on Grand City Properties and gave the stock a buy rating in a research report on Wednesday, April 24th. Goldman Sachs Group set a €22.50 ($26.16) price target on Grand City Properties and gave the stock a buy rating in a research report on Monday, May 13th. Berenberg Bank set a €26.50 ($30.81) price target on Grand City Properties and gave the stock a buy rating in a research report on Monday, May 20th. Finally, Jefferies Financial Group set a €20.00 ($23.26) price target on Grand City Properties and gave the stock a neutral rating in a research report on Monday, May 20th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of €24.10 ($28.03).

Grand City Properties stock opened at €20.66 ($24.02) on Thursday. The business’s 50 day moving average is €21.92. Grand City Properties has a one year low of €16.61 ($19.31) and a one 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.

Further Reading: Diversification

Analyst Recommendations for Grand City Properties (FRA:GYC)

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