General Growth Properties (GGP) has an average broker rating of 1.44, which is interpreted as a Strong Buy, as rated by 9 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
General Growth Properties (GGP) : The most positive equity analysts on General Growth Properties (GGP) expects the shares to touch $37, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $33.5 with an expected fluctuation of $1.97 from the mean.
General Growth Properties, Inc has lost 1.25% in the last five trading days and dropped 8.18% in the last 4 weeks. General Growth Properties, Inc is up 8.63% in the last 3-month period. Year-to-Date the stock performance stands at 7.31%. General Growth Properties (NYSE:GGP): On Tuesdays trading session , Opening price of the stock was $29.39 with an intraday high of $29.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.2. However, the stock managed to close at $29.2, a loss of 0.10% for the day. On the previous day, the stock had closed at $29.23. The total traded volume of the day was 2,333,268 shares.
General Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and operating retail properties to communities, retailers, employees, consumers and shareholders. As of December 31, 2014, the Company owned, either entirely or with joint venture partners, 128 retail properties. The Companys business is conducted through GGP Operating Partnership, LP (GGPOP), GGP Nimbus, LP (GGPN) and GGP Limited Partnership (GGPLP or operating partnership), subsidiaries of GGP. The Operating Partnerships own an interest in the properties of GGP. As of December 31, 2014, GGP held approximately a 99% common equity ownership of the Operating Partnerships. In addition, the Operating Partnerships conduct their operations through General Growth Management, Inc. (GGMI), General Growth Services, Inc. (GGSI) and GGPLP REIT Services, LLC (GGPRS).