Great Portland Estates Plc (GPOR) Rating Reiterated by Numis Securities Ltd
Great Portland Estates Plc (LON:GPOR)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a research note issued on Tuesday. They presently have a GBX 689 ($9.14) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 13.23% from the company’s current price.
Other research analysts also recently issued reports about the company. Liberum Capital lifted their price objective on Great Portland Estates Plc from GBX 650 ($8.62) to GBX 660 ($8.75) and gave the stock a “hold” rating in a research report on Tuesday, August 1st. J P Morgan Chase & Co cut their price objective on Great Portland Estates Plc from GBX 730 ($9.68) to GBX 710 ($9.42) and set a “neutral” rating for the company in a research report on Tuesday, June 20th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 658 ($8.73) price objective on shares of Great Portland Estates Plc in a research report on Wednesday, September 27th. Peel Hunt restated an “add” rating and set a GBX 725 ($9.62) price objective on shares of Great Portland Estates Plc in a research report on Thursday, July 6th. Finally, Credit Suisse Group restated a “neutral” rating on shares of Great Portland Estates Plc in a research report on Friday, June 30th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 670.42 ($8.89).
Shares of Great Portland Estates Plc (LON GPOR) opened at 608.50 on Tuesday. The stock’s market capitalization is GBX 1.98 billion. The stock has a 50 day moving average price of GBX 604.38 and a 200-day moving average price of GBX 638.91. Great Portland Estates Plc has a 52-week low of GBX 581.50 and a 52-week high of GBX 702.00.
In other news, insider Nick Sanderson sold 8,563 shares of the business’s stock in a transaction 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 Wendy Becker acquired 102 shares of the stock in a transaction dated Tuesday, July 11th. The shares were bought at an average cost of GBX 586 ($7.77) per share, with a total value of £597.72 ($792.84). Insiders acquired a total of 1,677 shares of company stock valued at $1,000,597 over the last ninety days.
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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