Berenberg Bank set a €23.00 ($27.38) price objective on Grand City Properties SA (FRA:GYC) in a report issued on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other research firms have also recently issued reports on GYC. DZ Bank AG reiterated a buy rating on shares of Grand City Properties SA in a research note on Monday, August 21st. J P Morgan Chase & Co set a €21.50 ($25.60) target price on shares of Grand City Properties SA and gave the company a buy rating in a research note on Thursday, August 31st. Kepler Capital Markets set a €23.00 ($27.38) target price on shares of Grand City Properties SA and gave the company a buy rating in a research note on Friday, August 18th. HSBC Holdings plc set a €29.00 ($34.52) target price on shares of Grand City Properties SA and gave the company a buy rating in a research note on Thursday, September 14th. Finally, UBS AG reiterated a buy rating on shares of Grand City Properties SA in a research note on Monday, August 21st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Grand City Properties SA presently has an average rating of Buy and an average target price of €22.67 ($26.98).

Shares of Grand City Properties SA (FRA GYC) opened at 18.14 on Tuesday. The stock’s 50 day moving average price is €18.17 and its 200-day moving average price is €17.86. Grand City Properties SA has a 12 month low of €14.70 and a 12 month high of €19.30. The firm has a market capitalization of €2.99 billion and a PE ratio of 7.38.

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Analyst Recommendations for Grand City Properties SA (FRA:GYC)

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