Analyst Ratings for GGP Inc. (GGP)Updated: 2017-07-28
Analysts covering GGP Inc. (NYSE:GGP) have given it a consensus rating of Overweight. Last month, GGP received an average rating of Overweight.
Of the 19 analysts covering the stock, 10 gave it a buy rating, 1 gave an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
Several price targets were given for GGP by the analysts covering the stock. The maximum price target given was 34.5, implying a possible profit of 51.72 percent. The minimum price target given was 22, implying potential capital losses of -3.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.39 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.85 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.82 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.48 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of GGP to grow at a rate of 18.62 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. GGP has a PEG ratio of 0.99.
In the last 52-weeks, GGP has achieved a high of 32.10 and a low of 21.05. Currently the stock is 8.03 percent higher than its low, and 29.16 percent lower than its 52-week high. GGP has a P/E ratio of 18.35. Investors typically compare the P/E ratio to a company's peers in the industry. The GGP value stock report compares GGP to some of its peers using value stock charts. The stock has a market capitalization of $21.24 billion. GGP's next earnings release will be on 0000-00-00, which is days away.