Great Portland Estates PLC (LON:GPOR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 802.89 ($10.49) and last traded at GBX 801 ($10.47), with a volume of 64240 shares traded. The stock had previously closed at GBX 798 ($10.43).
Several analysts have issued reports on the company. Peel Hunt reaffirmed a “hold” rating and issued a GBX 715 ($9.34) target price on shares of Great Portland Estates in a research note on Wednesday, September 18th. Deutsche Bank reaffirmed a “buy” rating on shares of Great Portland Estates in a research note on Friday, July 12th. Berenberg Bank upped their target price on Great Portland Estates from GBX 600 ($7.84) to GBX 630 ($8.23) and gave the stock a “sell” rating in a research note on Tuesday, October 8th. Goldman Sachs Group reiterated a “sell” rating on shares of Great Portland Estates in a research report on Thursday, August 8th. Finally, Liberum Capital reiterated a “hold” rating on shares of Great Portland Estates in a research report on Thursday, July 4th. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 677.77 ($8.86).
The company has a quick ratio of 2.97, a current ratio of 3.09 and a debt-to-equity ratio of 14.58. The company has a 50-day simple moving average of GBX 735.26 and a two-hundred day simple moving average of GBX 717.84. The stock has a market cap of $2.05 billion and a P/E ratio of 46.64.
We are a FTSE 250 property investment and development company owning £2.6 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
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