Liberum Capital restated their hold rating on shares of Great Portland Estates (LON:GPOR) in a research note issued to investors on Wednesday, November 15th. They currently have a GBX 660 ($8.88) target price on the stock.
A number of other brokerages also recently weighed in on GPOR. Numis Securities reissued a hold rating and set a GBX 689 ($9.27) price target on shares of Great Portland Estates in a research report on Thursday, October 19th. Deutsche Bank cut Great Portland Estates to a hold rating and cut their price target for the company from GBX 710 ($9.56) to GBX 620 ($8.34) in a research note on Monday, September 11th. Goldman Sachs Group restated a neutral rating and set a GBX 658 ($8.86) price objective on shares of Great Portland Estates in a research report on Wednesday, September 27th. Finally, Citigroup restated a buy rating and set a GBX 691 ($9.30) price objective on shares of Great Portland Estates in a research report on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 660.77 ($8.89).
Great Portland Estates (GPOR) traded up GBX 4 ($0.05) during mid-day trading on Wednesday, reaching GBX 618 ($8.32). The company’s stock had a trading volume of 647,333 shares, compared to its average volume of 786,747. Great Portland Estates has a 52-week low of GBX 582 ($7.83) and a 52-week high of GBX 702 ($9.45).
Great Portland Estates (LON:GPOR) last released its quarterly earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). The firm had revenue of GBX 6,540 million for the quarter. Great Portland Estates had a negative return on equity of 5.49% and a negative net margin of 118.76%.
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About Great Portland Estates
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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