Great Portland Estates (GPOR) Hits New 1-Year High at $706.20

Great Portland Estates (LON:GPOR) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 706.20 ($9.85) and last traded at GBX 702 ($9.79), with a volume of 483167 shares trading hands. The stock had previously closed at GBX 697.40 ($9.73).

Several equities research analysts have commented on GPOR shares. Peel Hunt reissued a “hold” rating on shares of Great Portland Estates in a research report on Thursday, April 5th. Citigroup boosted their price target on shares of Great Portland Estates from GBX 700 ($9.76) to GBX 735 ($10.25) and gave the stock a “neutral” rating in a research report on Wednesday. Goldman Sachs cut their price target on shares of Great Portland Estates from GBX 675 ($9.41) to GBX 665 ($9.27) and set a “neutral” rating on the stock in a research report on Wednesday, March 14th. Deutsche Bank reissued a “hold” rating on shares of Great Portland Estates in a research report on Friday, March 2nd. Finally, Numis Securities raised shares of Great Portland Estates to an “add” rating and set a GBX 725 ($10.11) price target on the stock in a research report on Friday, March 2nd. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 660.77 ($9.22).

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning over £3.2 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term outperformance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.

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