Great Portland Estates (LON:GPOR) had its target price boosted by JPMorgan Chase & Co. from GBX 845 ($11.12) to GBX 880 ($11.58) in a report published on Thursday, Stock Target Advisor reports. They currently have a neutral rating on the stock.
Other research analysts have also issued reports about the company. UBS Group upped their price target on Great Portland Estates from GBX 830 ($10.92) to GBX 965 ($12.69) and gave the company a buy rating in a research report on Monday, January 6th. Morgan Stanley raised Great Portland Estates to an overweight rating and upped their price target for the company from GBX 750 ($9.87) to GBX 870 ($11.44) in a research report on Thursday, November 28th. Royal Bank of Canada upped their price target on Great Portland Estates from GBX 575 ($7.56) to GBX 600 ($7.89) and gave the company an underperform rating in a research report on Monday, December 16th. Deutsche Bank lowered Great Portland Estates to a hold rating and dropped their price target for the company from GBX 890 ($11.71) to GBX 850 ($11.18) in a research report on Wednesday, December 18th. Finally, Barclays upped their target price on Great Portland Estates from GBX 675 ($8.88) to GBX 700 ($9.21) and gave the stock an underweight rating in a research report on Monday, November 25th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Great Portland Estates presently has a consensus rating of Hold and an average target price of GBX 785.41 ($10.33).
LON:GPOR traded up GBX 21.40 ($0.28) during trading hours on Thursday, hitting GBX 931.20 ($12.25). 829,999 shares of the company’s stock traded hands, compared to its average volume of 972,322. The firm has a market cap of $2.36 billion and a P/E ratio of 41.57. Great Portland Estates has a twelve month low of GBX 643.80 ($8.47) and a twelve month high of GBX 931.20 ($12.25). The company has a debt-to-equity ratio of 16.98, a quick ratio of 0.46 and a current ratio of 0.49. The stock’s fifty day moving average price is GBX 854.71 and its two-hundred day moving average price is GBX 757.97.
The company also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, November 21st were given a GBX 4.70 ($0.06) dividend. This represents a yield of 0.61%. The ex-dividend date was Thursday, November 21st. Great Portland Estates’s payout ratio is currently 0.58%.
About Great Portland Estates
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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