HSBC analyst Thomas Martin downgraded Gecina to Hold from Buy with a EUR 105 price target. Despite the company’s high quality portfolio and 6% earnings growth guidance, it is less sensitive to potential European Central Bank rate cuts which HSBC continues to see as the key sector catalyst, the analyst tells investors in a research note.
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Read More on GECFF:
- Gecina price target lowered to EUR 121 from EUR 130 at JPMorgan
- Gecina downgraded to Neutral from Outperform at Exane BNP Paribas
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