Great Portland Estates’ (GPOR) Hold Rating Reaffirmed at Liberum Capital

Great Portland Estates (LON:GPOR)‘s stock had its “hold” rating reiterated by research analysts at Liberum Capital in a research report issued on Monday, December 18th. They currently have a GBX 660 ($8.95) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 0.30% from the company’s current price.

A number of other equities analysts also recently issued reports on the stock. Credit Suisse Group upgraded shares of Great Portland Estates to an “outperform” rating and increased their price objective for the company from GBX 630 ($8.54) to GBX 740 ($10.04) in a research note on Wednesday, December 6th. Societe Generale reissued a “sell” rating and set a GBX 570 ($7.73) target price on shares of Great Portland Estates in a research report on Thursday, November 16th. Deutsche Bank reissued a “hold” rating and set a GBX 620 ($8.41) target price on shares of Great Portland Estates in a research report on Thursday, November 16th. Jefferies Group reissued an “underperform” rating and set a GBX 525 ($7.12) target price on shares of Great Portland Estates in a research report on Thursday, November 16th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 710 ($9.63) price target on shares of Great Portland Estates in a report on Thursday, November 16th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. Great Portland Estates presently has a consensus rating of “Hold” and an average target price of GBX 667.14 ($9.05).

Shares of Great Portland Estates (LON GPOR) traded up GBX 0.50 ($0.01) during midday trading on Monday, hitting GBX 658 ($8.92). 1,150,000 shares of the stock traded hands, compared to its average volume of 875,568. Great Portland Estates has a 52-week low of GBX 582 ($7.89) and a 52-week high of GBX 702 ($9.52).

Great Portland Estates (LON:GPOR) last issued its earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) EPS for the quarter, topping the Zacks’ 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.

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Great Portland Estates Company Profile

Great Portland Estates plc, through its subsidiaries, operates as a real estate investment trust (REIT). It develops freehold and leasehold, residential, retail, and office properties in London. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders.

Analyst Recommendations for Great Portland Estates (LON:GPOR)

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