Grand City Properties (GYC) Given a €18.80 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €18.80 ($22.38) target price on Grand City Properties (FRA:GYC) in a research note published on Wednesday morning. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently issued reports on GYC. Berenberg Bank set a €23.00 ($27.38) price objective on Grand City Properties and gave the stock a buy rating in a report on Tuesday, September 19th. Deutsche Bank set a €21.00 ($25.00) price objective on Grand City Properties and gave the stock a neutral rating in a report on Tuesday, September 26th. J P Morgan Chase & Co set a €21.50 ($25.60) price objective on Grand City Properties and gave the stock a buy rating in a report on Thursday, August 31st. set a €29.00 ($34.52) price objective on Grand City Properties and gave the stock a buy rating in a report on Thursday, September 14th. Finally, Jefferies Group set a €20.00 ($23.81) price objective on Grand City Properties and gave the stock a neutral rating in a report on Tuesday, November 21st. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Grand City Properties presently has an average rating of Buy and a consensus price target of €22.73 ($27.06).

Grand City Properties (FRA:GYC) opened at €19.34 ($23.02) on Wednesday. Grand City Properties has a fifty-two week low of €16.01 ($19.06) and a fifty-two week high of €19.95 ($23.75). The stock has a market capitalization of $3,150.00 and a PE ratio of 6.93.

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About Grand City Properties

Grand City Properties SA operates as a real estate company in Germany. The company invests in, purchases, redevelops, sells, and manages real estate properties located in North Rhine-Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg, as well as in Berlin.

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