Great Portland Estates (LON:GPOR)‘s stock had its “add” rating reaffirmed by equities researchers at Peel Hunt in a research report issued to clients and investors on Wednesday, November 15th. They presently have a GBX 725 ($9.76) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 17.31% from the stock’s current price.
Several other equities analysts have also weighed in on the company. Deutsche Bank lowered 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. Numis Securities reiterated a “hold” rating and issued a GBX 689 ($9.27) price objective on shares of Great Portland Estates in a report on Thursday, October 19th. Liberum Capital reiterated a “hold” rating and issued a GBX 660 ($8.88) price objective on shares of Great Portland Estates in a report on Wednesday, November 15th. Goldman Sachs Group restated a “neutral” rating and set a GBX 658 ($8.86) target price on shares of Great Portland Estates in a report on Wednesday, September 27th. Finally, Citigroup restated a “buy” rating and set a GBX 691 ($9.30) target price on shares of Great Portland Estates in a report on Monday, August 14th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 660.77 ($8.89).
Shares of Great Portland Estates (GPOR) traded up GBX 4 ($0.05) 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 12 month low of GBX 582 ($7.83) and a 12 month high of GBX 702 ($9.45).
Great Portland Estates (LON:GPOR) last released its quarterly earnings data on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). Great Portland Estates had a negative return on equity of 5.49% and a negative net margin of 118.76%. The business had revenue of GBX 6,540 million during the quarter.
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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.
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