Great Portland Estates PLC (GPOR) Receives Average Recommendation of “Hold” from Brokerages
Great Portland Estates PLC (LON:GPOR) has earned an average rating of “Hold” from the twenty ratings firms that are presently covering the firm. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 743.11 ($9.22).
A number of research analysts have issued reports on the stock. HSBC decreased their target price on shares of Great Portland Estates PLC from GBX 702 ($8.71) to GBX 664 ($8.24) and set a “hold” rating on the stock in a research report on Tuesday. Numis Securities Ltd cut their price target on shares of Great Portland Estates PLC from GBX 888 ($11.02) to GBX 734 ($9.11) and set an “add” rating for the company in a report on Tuesday, August 16th. Deutsche Bank AG reaffirmed a “sell” rating on shares of Great Portland Estates PLC in a report on Monday, September 19th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 740 ($9.18) price target on shares of Great Portland Estates PLC in a report on Thursday, November 24th. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 725 ($8.99) price target on shares of Great Portland Estates PLC in a report on Thursday, November 17th.
Shares of Great Portland Estates PLC (LON:GPOR) opened at 605.50 on Friday. The firm’s market cap is GBX 2.07 billion. The firm’s 50-day moving average is GBX 607.72 and its 200-day moving average is GBX 660.13. Great Portland Estates PLC has a 12-month low of GBX 534.50 and a 12-month high of GBX 890.50.
The company also recently disclosed 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. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, November 24th.
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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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