Great Portland Estates Stock Rating Reaffirmed by JPMorgan Chase & Co. (GPOR)
Great Portland Estates (LON:GPOR)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, American Banking & Market News reports. They currently have a GBX 580 ($9.07) price target on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 7.91% from the stock’s previous close.
Shares of Great Portland Estates (LON:GPOR) opened at 536.50 on Friday. The stock has a 50-day moving average of GBX 540.8 and a 200-day moving average of GBX 535.9. The company’s market cap is £1.829 billion.
A number of other firms have also recently commented on GPOR. Analysts at Numis Securities Ltd raised their price target on shares of Great Portland Estates (LON:GPOR) from GBX 550 ($8.60) to GBX 595 ($9.30) in a research note to investors on Tuesday. They now have an “add” rating on the stock. Separately, analysts at Beaufort Securities downgraded shares of Great Portland Estates (LON:GPOR) from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, September 4th. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Great Portland Estates (LON:GPOR) in a research note to investors on Wednesday, September 4th. They now have a GBX 522 ($8.16) price target on the stock.
Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Great Portland Estates presently has an average rating of “Buy” and a consensus price target of GBX 568.23 ($8.88).
Great Portland Estates Plc is a property investment and development company. Its business model invests in property in central London.
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