UBS Analysts Give Grand City Properties (GYC) a €26.00 Price Target

Grand City Properties (FRA:GYC) received a €26.00 ($30.95) target price from investment analysts at UBS in a research report issued on Friday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS’s price objective suggests a potential upside of 25.97% from the stock’s current price.

Several other brokerages have also weighed in on GYC. Kepler Capital Markets set a €23.00 ($27.38) price objective on shares of Grand City Properties and gave the company a “buy” rating in a report on Monday, March 19th. Oddo Bhf set a €21.00 ($25.00) target price on shares of Grand City Properties and gave the stock a “buy” rating in a report on Tuesday, March 20th. Nord/LB set a €19.50 ($23.21) target price on shares of Grand City Properties and gave the stock a “neutral” rating in a report on Thursday, April 26th. Credit Suisse Group set a €20.20 ($24.05) target price on shares of Grand City Properties and gave the stock a “neutral” rating in a report on Tuesday, January 23rd. Finally, HSBC set a €29.00 ($34.52) target price on shares of Grand City Properties and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of €23.01 ($27.40).

Shares of FRA GYC opened at €20.64 ($24.57) on Friday. Grand City Properties has a fifty-two week low of €16.61 ($19.77) and a fifty-two week high of €20.14 ($23.98).

About Grand City Properties

Grand City Properties SA operates as a real estate company. The company invests in, purchases, redevelops, manages, and sells residential properties in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg, Germany, as well as in London. Grand City Properties SA was incorporated in 2011 and is based in Luxembourg City, Luxembourg.

Analyst Recommendations for Grand City Properties (FRA:GYC)

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