Gecina (OTCMKTS:GECFF) Stock Gets Downgrade from The Goldman Sachs Group

Gecina (OTCMKTS:GECFF – Get Free Report) was downgraded by research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday, Zacks reports.

Gecina Price Performance

Shares of Gecina stock opened at $71.75 on Wednesday. The business’s 50 day simple moving average is $74.09 and its 200 day simple moving average is $82.27. Gecina has a 52-week low of $69.00 and a 52-week high of $94.74.

About Gecina

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Gecina is a French real estate investment company that owns, develops and manages property assets, with a primary focus on office and residential real estate. The company’s portfolio is concentrated in Paris and the surrounding Île-de-France region, one of Europe’s largest commercial and residential property markets.

Gecina provides professionally managed workspaces for businesses and housing for individual tenants. Its activities also include student residences and related real estate services, giving the company exposure to several segments of the urban property market.

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