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.
A number of analysts gave price targets for GGP. The maximum price target given was 34.5, which equates to a potential upside of 51.72 percent. The minimum price target given was 22, which equates to a potential downside 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.39 percent. The average change in earnings estimates over the last 90 days is -9.85 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.82 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.48 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of GGP's earnings is estimated by analysts to be 18.62 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 lower than its 52-week 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 market cap of GGP is $21.24 billion. GGP's next earnings release will be on 0000-00-00, which is days away.