Jefferies Group reissued their underperform rating on shares of Great Portland Estates (LON:GPOR) in a research report report published on Thursday, November 16th, Marketbeat.com reports. They currently have a GBX 525 ($7.07) price objective on the stock.
Other equities research analysts also recently issued reports about the stock. Peel Hunt reaffirmed an add rating and issued a GBX 725 ($9.76) price target on shares of Great Portland Estates in a research note on Wednesday, November 15th. Citigroup reissued a buy rating and set a GBX 691 ($9.30) target price on shares of Great Portland Estates in a research report on Monday, August 14th. Liberum Capital reissued a hold rating and set a GBX 660 ($8.88) target price on shares of Great Portland Estates in a research report on Wednesday, November 15th. Numis Securities reaffirmed a hold rating and issued a GBX 689 ($9.27) price objective on shares of Great Portland Estates in a research report on Thursday, October 19th. Finally, Deutsche Bank downgraded shares of Great Portland Estates to a hold rating and reduced their price objective for the stock from GBX 710 ($9.56) to GBX 620 ($8.34) in a research report on Monday, September 11th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. Great Portland Estates has an average rating of Hold and an average price target of GBX 660.77 ($8.89).
Great Portland Estates (LON GPOR) traded up GBX 4 ($0.05) during mid-day trading on Thursday, reaching GBX 618 ($8.32). 647,333 shares of the company traded hands, compared to its average volume of 786,747. Great Portland Estates has a 1-year low of GBX 582 ($7.83) and a 1-year high of GBX 702 ($9.45).
Great Portland Estates (LON:GPOR) last released its earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). Great Portland Estates had a negative net margin of 118.76% and a negative return on equity of 5.49%. The business had revenue of GBX 6,540 million for the quarter.
COPYRIGHT VIOLATION WARNING: This article was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://www.dispatchtribunal.com/2017/12/04/jefferies-group-llc-reaffirms-underperform-rating-for-great-portland-estates-plc-gpor.html.
Great Portland Estates Company Profile
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.
Receive News & Ratings for Great Portland Estates Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates Plc and related companies with MarketBeat.com's FREE daily email newsletter.