Peel Hunt reiterated their hold rating on shares of Great Portland Estates (LON:GPOR) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently issued reports on GPOR. Morgan Stanley boosted their price objective on TELUS from C$53.00 to C$55.00 in a research report on Thursday, March 14th. Credit Suisse Group started coverage on Arco Platform in a research report on Tuesday, June 25th. They set a neutral rating for the company. Goldman Sachs Group downgraded SUMCO CORP/ADR from a buy rating to a neutral rating in a research report on Monday, June 10th. Deutsche Bank set a $142.00 price objective on MCCORMICK & CO /SH and gave the stock a hold rating in a research report on Friday, June 28th. Finally, Berenberg Bank reiterated a sell rating and set a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a research report on Wednesday, May 22nd. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 672.17 ($8.78).
GPOR stock traded down GBX 4 ($0.05) during midday trading on Wednesday, reaching GBX 699.40 ($9.14). The company had a trading volume of 924,061 shares, compared to its average volume of 972,322. The company has a debt-to-equity ratio of 14.58, a current ratio of 3.09 and a quick ratio of 2.97. The stock’s 50 day moving average price is GBX 705.48. Great Portland Estates has a fifty-two week low of GBX 647.40 ($8.46) and a fifty-two week high of GBX 777.60 ($10.16). The stock has a market cap of $1.89 billion and a price-to-earnings ratio of 40.90.
The business also recently declared a dividend, which was paid on Monday, July 8th. Stockholders of record on Thursday, May 30th were issued a dividend of GBX 7.90 ($0.10) per share. This is a boost from Great Portland Estates’s previous dividend of $4.30. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, May 30th. Great Portland Estates’s payout ratio is currently 0.70%.
Great Portland Estates Company Profile
We are a FTSE 250 property investment and development company owning £2.6 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 out-performance. 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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