Shares of Gecina (OTCMKTS:GECFF – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $69.00 and last traded at $69.00, with a volume of 33 shares changing hands. The stock had previously closed at $78.00.
Analysts Set New Price Targets
Separately, BNP Paribas Exane began coverage on Gecina in a research report on Wednesday, July 1st. They set an “underperform” rating for the company. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Analysis on Gecina
Gecina Stock Performance
About Gecina
Gecina is a French real estate company that owns, manages and develops property assets, with a focus on office buildings and residential real estate. The company’s portfolio is concentrated in the Paris region, particularly in Paris and the surrounding areas.
Its activities include leasing and managing office properties for businesses, as well as residential buildings and student housing. Gecina also undertakes property development, renovation and asset-management initiatives designed to maintain and enhance the quality, sustainability and long-term usability of its buildings.
Founded in 1959, Gecina has developed into one of France’s major listed real estate companies.
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