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).
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).
COPYRIGHT VIOLATION WARNING: This report was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/08/bnp-paribas-upgrades-great-portland-estates-gpor-to-neutral.html.
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.
Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.