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 most optimistic price target was 34.5, implying potential capital gains of 51.72 percent. The most pessimistic analyst gave a price target of 22, implying a possible loss of -3.25 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
GGP has an estimated earnings growth rate of 18.62 percent as forecasted by analysts. 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 8.03 percent, and 29.16 percent below the high. GGP has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.