The Godrej Properties share price – where next?
The Godrej Properties (NSI:GODREJPROP) share price has risen by 13.1% over the past month and it’s currently trading at 857.8. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Godrej Properties currently has:
- 6 Buy recommendations
- 1 Hold recommendations
- 1 Sell recommendations
This suggests that analysts are generally positive about the outlook.
At its current price of 857.8, shares in Godrej Properties are trading at a discount of -35.5% to its 52 week high price. The 1-year performance of the shares has been -14.9%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Godrej Properties it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Godrej Properties it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Godrej Properties that you can find out about here.
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