Kepler upgrades Grand City Properties stock to Buy at EUR 8.50

Published on 10/08/2026 at 12:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 155.71 million in the second quarter. Grand City Properties stock costs EUR 6.76 on October 8, 2026, down 2.17 percent from EUR 6.91.

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Grand City Properties (ISIN LU0775917882) was trading at EUR 6.76 at Lang & Schwarz on October 8, 2026 at 12:39 p.m. CEST, down 2.17 percent. According to Markets Insider on October 7, 2026, Kepler Cheuvreux upgraded the company from Hold to Buy and set an EUR 8.50 price target. The change gives the stock a new analyst reference point while its market price sits at the yearly low.

Earnings support the upgrade

Grand City Properties reported EUR 155.71 million in revenue for the second quarter of 2026. Investing.com also listed net income of EUR 69.17 million and earnings per share of EUR 0.32, compared with EUR 0.26 consensus for the same quarter. The quantified earnings comparison strengthens the case for analyzing the upgrade alongside operating results rather than the rating alone.

Target exceeds the market price

The EUR 8.50 Kepler Cheuvreux target lies 25.74 percent above the EUR 6.76 Lang & Schwarz price. The calculation uses the same euro currency for both values and places the target below the stock's 52-week high of EUR 11.58.

At EUR 6.76, the stock matched its 52-week low on October 8, 2026. Grand City Properties had a market capitalization of EUR 1.2 billion and traded 41.62 percent below its EUR 11.58 52-week high on that date.

November results set the next test

Grand City Properties' investor-relations calendar schedules its third-quarter 2026 financial report for November 11, 2026, according to the company's Investor Relations page. That date gives investors a defined checkpoint for revenue, earnings per share and property-market performance after the analyst upgrade.

Stock remains near its yearly low

Grand City Properties stock was trading at EUR 6.76 at Lang & Schwarz on October 8, 2026 at 12:39 p.m. CEST, versus the EUR 6.91 prior close and down 2.17 percent. The further course of trading is shown by the continuously updated real-time quote of Grand City Properties stock.