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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GECFF: