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.
Many analysts weighed in on price targets for GGP. The most optimistic price target was 34.5, implying potential capital gains of 51.72 percent. The minimum price target given was 22, implying potential capital losses of -3.25 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.39 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.85 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.82 percent. If we look at the last 90 days instead, we find a net average change of -4.48 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
GGP has an estimated earnings growth rate of 18.62 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of GGP is 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.