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 highest price target was 34.5, implying a possible profit of 51.72 percent. The minimum price target given was 22, implying a possible loss of -3.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Meanwhile, fiscal year estimates have been revised downwards by -0.82 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -4.48 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of GGP to grow at a rate of 18.62 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 below the 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 market cap of GGP is $21.24 billion. GGP's next earnings release will be on 0000-00-00, which is days away.