Great Portland Estates PLC (GPOR) Receives Add Rating from Peel Hunt
Great Portland Estates PLC (LON:GPOR)‘s stock had its “add” rating reaffirmed by investment analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 725 ($8.97) target price on the stock. Peel Hunt’s price target would indicate a potential upside of 20.93% from the company’s previous close.
Other equities analysts have also recently issued research reports about the stock. BNP Paribas restated an “outperform” rating and set a GBX 700 ($8.66) target price on shares of Great Portland Estates PLC in a research report on Monday, June 27th. Numis Securities Ltd lowered their price target on shares of Great Portland Estates PLC from GBX 888 ($10.99) to GBX 734 ($9.08) and set an “add” rating for the company in a report on Tuesday, August 16th. Citigroup Inc. reiterated a “buy” rating and set a GBX 804 ($9.95) price target on shares of Great Portland Estates PLC in a report on Monday, July 18th. Barclays PLC lowered their price target on shares of Great Portland Estates PLC from GBX 980 ($12.13) to GBX 770 ($9.53) and set an “overweight” rating for the company in a report on Thursday, July 7th. Finally, Deutsche Bank AG reiterated a “sell” rating on shares of Great Portland Estates PLC in a report on Monday, September 19th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 764.53 ($9.46).
Shares of Great Portland Estates PLC (LON:GPOR) opened at 601.50 on Tuesday. The firm’s market capitalization is GBX 2.05 billion. The firm’s 50-day moving average is GBX 648.85 and its 200-day moving average is GBX 694.31. Great Portland Estates PLC has a 12-month low of GBX 534.50 and a 12-month high of GBX 892.50.
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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