Risk factor
Considerable default risk
Profitability factor
Greatly undervalued vs peers
About
G City Ltd is a real estate company that specializes in the ownership, development, management, and operation of urban shopping centers, predominantly those anchored by supermarkets, and retail-focused mixed-use properties. Its diverse portfolio extends across multiple continents, including North America, Brazil, Europe, and its home base of Israel. Founded in 1982, the company was previously known as Gazit-Globe Ltd. before rebranding to G City Ltd in May 2022. It maintains its corporate headquarters in Tel Aviv, Israel, and operates as a subsidiary of Norstar Holdings Inc.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV
Target Price
The average target price of GCT.TA is 1700 and suggests 52.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in