Grand City Properties (OTCMKTS:GRNNF) Upgraded to “Buy” at Societe Generale

Grand City Properties (OTCMKTS:GRNNF – Get Rating) was upgraded by analysts at Societe Generale from a “hold” rating to a “buy” rating in a note issued to investors on Friday, The Fly reports.

GRNNF has been the topic of a number of other reports. Barclays lowered Grand City Properties from an “equal weight” rating to an “underweight” rating in a report on Monday, April 4th. JPMorgan Chase & Co. lowered Grand City Properties from an “overweight” rating to a “neutral” rating in a report on Wednesday, March 30th.

Shares of OTCMKTS GRNNF opened at $12.91 on Friday. The stock’s fifty day moving average price is $17.68 and its two-hundred day moving average price is $20.64. Grand City Properties has a one year low of $12.91 and a one year high of $27.48.

Grand City Properties Company Profile (Get Rating)

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.

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