Grand City Properties’ (FRA:GYC) Neutral Rating Reiterated at DZ Bank

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DZ Bank reaffirmed their neutral rating on shares of Grand City Properties (FRA:GYC) in a research note published on Friday, August 17th.

A number of other equities analysts also recently issued reports on the company. Deutsche Bank set a €24.50 ($28.49) price target on Grand City Properties and gave the company a buy rating in a report on Tuesday, July 24th. JPMorgan Chase & Co. set a €22.00 ($25.58) price target on Grand City Properties and gave the company a neutral rating in a report on Friday, August 17th. Nord/LB set a €21.00 ($24.42) price target on Grand City Properties and gave the company a neutral rating in a report on Wednesday, June 13th. Commerzbank set a €22.00 ($25.58) price target on Grand City Properties and gave the company a neutral rating in a report on Wednesday, May 23rd. Finally, Oddo Bhf set a €21.00 ($24.42) price target on Grand City Properties and gave the company a neutral rating in a report on Tuesday, May 22nd. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €24.31 ($28.26).

Shares of FRA GYC traded up €0.10 ($0.12) during mid-day trading on Friday, reaching €23.10 ($26.86). The company had a trading volume of 220,026 shares. 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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