Jefferies Group reiterated their underperform rating on shares of Great Portland Estates (LON:GPOR) in a research note released on Thursday, January 18th. The brokerage currently has a GBX 525 ($7.25) price objective on the stock.
A number of other equities research analysts have also commented on GPOR. Goldman Sachs Group reissued a neutral rating and issued a GBX 658 ($9.09) price target on shares of Great Portland Estates in a research report on Wednesday, September 27th. Liberum Capital reissued a hold rating and issued a GBX 660 ($9.12) price target on shares of Great Portland Estates in a research report on Tuesday, October 3rd. Numis Securities reissued a hold rating and issued a GBX 689 ($9.52) price target on shares of Great Portland Estates in a research report on Tuesday, October 3rd. Peel Hunt reissued an add rating and issued a GBX 725 ($10.02) price target on shares of Great Portland Estates in a research report on Wednesday, November 15th. Finally, JPMorgan Chase & Co. restated a neutral rating and issued a GBX 710 ($9.81) price objective on shares of Great Portland Estates in a research note on Thursday, November 16th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. Great Portland Estates has an average rating of Hold and an average price target of GBX 651.83 ($9.01).
Shares of Great Portland Estates (LON:GPOR) opened at GBX 619 ($8.55) on Thursday. Great Portland Estates has a 12-month low of GBX 582 ($8.04) and a 12-month high of GBX 702 ($9.70).
Great Portland Estates (LON:GPOR) last released its quarterly earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) EPS for the quarter, beating analysts’ consensus estimates of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). The business had revenue of GBX 6,540 million during 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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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.
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