Great Portland Estates PLC (GPOR) Receives “Add” Rating from Peel Hunt
GPOR has been the subject of several other reports. Jefferies Group cut their price objective 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 report on Thursday, October 27th. Morgan Stanley increased their price objective on Great Portland Estates PLC from GBX 580 ($7.25) to GBX 630 ($7.87) and gave the stock an underweight rating in a report on Wednesday, August 31st. Deutsche Bank AG reiterated a sell rating on shares of Great Portland Estates PLC in a report on Monday, September 19th. Goldman Sachs Group Inc. increased their price objective on Great Portland Estates PLC from GBX 690 ($8.62) to GBX 715 ($8.93) and gave the stock a neutral rating in a report on Wednesday, November 2nd. Finally, JPMorgan Chase & Co. lowered Great Portland Estates PLC to a neutral rating and cut their price objective for the stock from GBX 940 ($11.74) to GBX 740 ($9.25) in a report on Tuesday, September 6th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 745.22 ($9.31).
Shares of Great Portland Estates PLC (LON:GPOR) traded down 1.35% on Thursday, reaching GBX 619.50. The company had a trading volume of 911,025 shares. Great Portland Estates PLC has a 52-week low of GBX 534.50 and a 52-week high of GBX 890.50. The company has a 50-day moving average price of GBX 610.79 and a 200-day moving average price of GBX 672.95. The firm’s market capitalization is GBX 2.11 billion.
The business also recently disclosed a dividend, which will be paid on Tuesday, January 3rd. Shareholders of record on Thursday, November 24th will be issued a dividend of GBX 3.70 ($0.05) per share. This represents a yield of 0.59%. The ex-dividend date of this dividend is Thursday, November 24th.
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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