Great Portland Estates Plc (GPOR) Earns “Hold” Rating from Liberum Capital
Great Portland Estates Plc (LON:GPOR)‘s stock had its “hold” rating reissued by analysts at Liberum Capital in a report issued on Tuesday. They currently have a GBX 660 ($8.75) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 7.84% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. J P Morgan Chase & Co lowered their price objective on shares of Great Portland Estates Plc from GBX 730 ($9.68) to GBX 710 ($9.42) and set a “neutral” rating on the stock in a research note on Tuesday, June 20th. Deutsche Bank AG downgraded shares of Great Portland Estates Plc to a “hold” rating and reduced their price target for the company from GBX 710 ($9.42) to GBX 620 ($8.22) in a report on Monday, September 11th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 658 ($8.73) price target on shares of Great Portland Estates Plc in a research report on Wednesday, September 27th. Credit Suisse Group restated a “neutral” rating on shares of Great Portland Estates Plc in a research report on Friday, June 30th. Finally, Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 691 ($9.17) target price on shares of Great Portland Estates Plc in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 670.42 ($8.89).
Great Portland Estates Plc (LON GPOR) opened at 613.50 on Tuesday. The stock’s market capitalization is GBX 1.99 billion. Great Portland Estates Plc has a 1-year low of GBX 581.50 and a 1-year high of GBX 702.00. The stock has a 50 day moving average of GBX 603.97 and a 200 day moving average of GBX 639.80.
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In related news, insider Nick Sanderson sold 8,563 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of GBX 609 ($8.08), for a total transaction of £52,148.67 ($69,171.87). Also, insider Nick Hampton purchased 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were bought at an average cost of GBX 597 ($7.92) per share, with a total value of £8,955 ($11,878.23). In the last ninety days, insiders have bought 1,677 shares of company stock valued at $1,000,597.
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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