BNP Paribas Upgrades Great Portland Estates (GPOR) to Neutral

BNP Paribas upgraded shares of Great Portland Estates (LON:GPOR) to a neutral rating in a research report report published on Thursday morning. They currently have GBX 700 ($9.83) price objective on the stock, up from their previous price objective of GBX 660 ($9.26).

GPOR has been the subject of a number of other research reports. Barclays lifted their target price on Great Portland Estates from GBX 560 ($7.86) to GBX 580 ($8.14) and gave the company an underweight rating in a report on Thursday, February 22nd. Deutsche Bank reaffirmed a hold rating on shares of Great Portland Estates in a report on Friday, March 2nd. Morgan Stanley lifted their target price on Great Portland Estates from GBX 620 ($8.70) to GBX 660 ($9.26) and gave the company an underweight rating in a report on Tuesday, March 13th. Jefferies Group reaffirmed an underperform rating and set a GBX 525 ($7.37) target price on shares of Great Portland Estates in a report on Thursday, January 18th. Finally, Goldman Sachs reduced their target price on Great Portland Estates from GBX 675 ($9.48) to GBX 665 ($9.33) and set a neutral rating for the company in a report on Wednesday, March 14th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 657.38 ($9.23).

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GPOR stock opened at GBX 692 ($9.71) on Thursday. Great Portland Estates has a twelve month low of GBX 582 ($8.17) and a twelve month high of GBX 702 ($9.85).

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About Great Portland Estates

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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