Great Portland Estates (LON:GPOR) had its price objective hoisted by Berenberg Bank from GBX 630 ($8.23) to GBX 700 ($9.15) in a research note published on Friday, Stock Target Advisor reports. The brokerage currently has a sell rating on the stock.
Several other analysts also recently issued reports on GPOR. Peel Hunt reaffirmed a hold rating and set a GBX 715 ($9.34) price objective on shares of Great Portland Estates in a report on Thursday. Peel Hunt reissued a hold rating and issued a GBX 715 ($9.34) price target on shares of Great Portland Estates in a report on Monday, November 11th. UBS Group reissued a buy rating on shares of Great Portland Estates in a report on Friday. Goldman Sachs Group increased their price target on shares of Great Portland Estates from GBX 583 ($7.62) to GBX 625 ($8.17) and gave the company a sell rating in a report on Tuesday, November 5th. Finally, Deutsche Bank reissued a buy rating on shares of Great Portland Estates in a report on Friday. Six research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 702.93 ($9.19).
Shares of LON GPOR traded up GBX 24.40 ($0.32) during trading hours on Friday, hitting GBX 807 ($10.54). 1,851,273 shares of the stock were exchanged, compared to its average volume of 972,322. The company has a debt-to-equity ratio of 14.58, a current ratio of 3.09 and a quick ratio of 2.97. The company’s 50 day moving average is GBX 770.46 and its 200 day moving average is GBX 722.74. The firm has a market capitalization of $2.05 billion and a P/E ratio of 47.19. Great Portland Estates has a one year low of GBX 643.80 ($8.41) and a one year high of GBX 812 ($10.61).
Great Portland Estates Company Profile
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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