Shares of Gecina (OTCMKTS:GECFF – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $69.07, but opened at $74.36. Gecina shares last traded at $74.36, with a volume of 350 shares changing hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut Gecina from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 4th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Gecina has a consensus rating of “Reduce”.
View Our Latest Report on GECFF
Gecina Price Performance
The stock has a 50-day moving average of $72.90 and a 200-day moving average of $81.79.
Gecina Company Profile
Gecina is a French real estate company that owns, develops and manages property, with a portfolio focused primarily on the Paris region. Its principal activities include office and residential real estate, as well as student housing. The company provides space for businesses and homes for individuals, and it manages properties through its YouFirst brand. Its work also includes developing and renovating buildings as it adapts its portfolio to changing tenant needs. Gecina’s roots date to 1959. The company’s business remains centered on the French market, particularly Paris and surrounding areas.
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