Great Portland Estates Plc (LON:GPE) Receives Consensus Recommendation of “Hold” from Analysts

Great Portland Estates Plc (LON:GPE) has earned an average recommendation of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 388.22.

A number of analysts have weighed in on the stock. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 370 target price on shares of Great Portland Estates in a research note on Wednesday, April 15th. Shore Capital Group reiterated a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a report on Thursday, April 16th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 334 target price on shares of Great Portland Estates in a report on Thursday, July 2nd. Finally, UBS Group reiterated a “sell” rating and issued a GBX 315 target price on shares of Great Portland Estates in a research report on Monday, May 18th.

Great Portland Estates Trading Up 0.5%

GPE opened at GBX 357.80 on Friday. The company has a market cap of £1.44 billion, a P/E ratio of 9.39, a PEG ratio of 2.22 and a beta of 0.91. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28. The company’s 50 day moving average is GBX 331.96 and its 200-day moving average is GBX 324.56. Great Portland Estates has a 1-year low of GBX 270 and a 1-year high of GBX 377.

Great Portland Estates (LON:GPE) last released its quarterly earnings data on Thursday, June 25th. The company reported GBX 3.90 earnings per share (EPS) for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. Equities research analysts predict that Great Portland Estates will post 6.1719457 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Toby Courtauld sold 29,288 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total value of £91,964.32. Also, insider Dan Nicholson sold 16,037 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total transaction of £50,356.18. Over the last 90 days, insiders have bought 271 shares of company stock worth $90,102. Company insiders own 1.55% of the company’s stock.

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.