Jefferies upgraded Gecina to Buy from Hold with a price target of EUR 120, up from EUR 101. Gecina’s operating performance has been strong and consistent and asset values having now bottomed out have prompted it to refuel its development pipeline, the analyst tells investors. The firm believes the group will continue to outperform its office peers, the analyst added.
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>>
Read More on GECFF: