Great Portland Estates PLC (GPOR) Given “Buy” Rating at Deutsche Bank AG
Deutsche Bank AG reissued their buy rating on shares of Great Portland Estates PLC (LON:GPOR) in a research report released on Tuesday morning. The brokerage currently has a GBX 750 ($9.79) price objective on the stock.
Several other research firms have also recently commented on GPOR. Barclays PLC lowered their target price on shares of Great Portland Estates PLC from GBX 980 ($12.79) to GBX 770 ($10.05) and set an overweight rating on the stock in a research note on Thursday, July 7th. Morgan Stanley raised their target price on shares of Great Portland Estates PLC from GBX 580 ($7.57) to GBX 630 ($8.22) and gave the company an underweight rating in a research note on Wednesday, August 31st. Goldman Sachs Group Inc. raised shares of Great Portland Estates PLC to a neutral rating and lowered their target price for the company from GBX 850 ($11.10) to GBX 690 ($9.01) in a research note on Wednesday, June 29th. Liberum Capital lowered their target price on shares of Great Portland Estates PLC from GBX 705 ($9.20) to GBX 640 ($8.35) and set a hold rating on the stock in a research note on Monday, July 4th. Finally, BNP Paribas reissued an underperform rating and set a GBX 540 ($7.05) target price on shares of Great Portland Estates PLC in a research note on Thursday, July 14th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 769.53 ($10.04).
Great Portland Estates PLC (LON:GPOR) opened at 618.50 on Tuesday. Great Portland Estates PLC has a 52 week low of GBX 534.50 and a 52 week high of GBX 892.50. The company’s 50 day moving average is GBX 653.88 and its 200 day moving average is GBX 697.72. The stock’s market cap is GBX 2.11 billion.
About Great Portland Estates PLC
Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. GPE’s properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government.
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