BNP Paribas Increases Great Portland Estates PLC (GPOR) Price Target to GBX 620
Great Portland Estates PLC (LON:GPOR) had its price target upped by analysts at BNP Paribas from GBX 580 ($7.25) to GBX 620 ($7.75) in a research note issued to investors on Friday. The firm presently has an “underperform” rating on the stock. BNP Paribas’ price objective indicates a potential downside of 1.27% from the company’s current price.
Several other research firms have also issued reports on GPOR. Peel Hunt reiterated an “add” rating and set a GBX 725 ($9.06) target price on shares of Great Portland Estates PLC in a report on Tuesday, October 11th. Numis Securities Ltd decreased their price objective on Great Portland Estates PLC from GBX 888 ($11.09) to GBX 734 ($9.17) and set an “add” rating for the company in a report on Tuesday, August 16th. Deutsche Bank AG decreased their price target on Great Portland Estates PLC from GBX 900 ($11.24) to GBX 750 ($9.37) and set a “buy” rating for the company in a report on Tuesday, September 13th. Jefferies Group reduced their target price on Great Portland Estates PLC from GBX 650 ($8.12) to GBX 563 ($7.03) and set a “hold” rating for the company in a research note on Thursday, October 27th. Finally, Liberum Capital reissued a “hold” rating and issued a GBX 640 ($8.00) price target on shares of Great Portland Estates PLC in a research note on Tuesday, October 11th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 745.22 ($9.31).
Shares of Great Portland Estates PLC (LON:GPOR) opened at 622.50 on Friday. The firm’s market capitalization is GBX 2.12 billion. Great Portland Estates PLC has a 52-week low of GBX 534.50 and a 52-week high of GBX 890.50. The company’s 50 day moving average price is GBX 610.79 and its 200 day moving average price is GBX 672.95.
The firm also recently announced a dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, November 24th will be given a dividend of GBX 3.70 ($0.05) per share. The ex-dividend date is Thursday, November 24th. This represents a dividend yield of 0.59%.
Great Portland Estates PLC Company Profile
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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