Analysts Set Great Portland Estates Plc (LON:GPE) Price Target at GBX 373

Shares of Great Portland Estates Plc (LON:GPE) have been given an average recommendation of “Hold” by the nine brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 373.

GPE has been the topic of several analyst reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 334 price target on shares of Great Portland Estates in a research note on Thursday, July 2nd. Berenberg Bank reduced their price objective on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a research report on Monday, June 22nd.

Great Portland Estates Stock Down 1.0%

Great Portland Estates stock opened at GBX 303.80 on Monday. The company has a debt-to-equity ratio of 41.28, a quick ratio of 0.46 and a current ratio of 0.54. Great Portland Estates has a one year low of GBX 270 and a one year high of GBX 377. The company has a 50-day simple moving average of GBX 336.31 and a 200-day simple moving average of GBX 320.35. The firm has a market capitalization of £1.23 billion, a P/E ratio of 7.97, a P/E/G ratio of 2.22 and a beta of 0.91.

Great Portland Estates (LON:GPE) last issued its quarterly earnings data on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. The firm had revenue of GBX 5,460 million for the quarter. As a group, equities analysts expect that Great Portland Estates will post 6.1719457 earnings per share for the current year.

Great Portland Estates Company Profile

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.