Great Portland Estates Given “Hold” Rating at Jefferies Group (GPOR)
Great Portland Estates (LON:GPOR)‘s stock had its “hold” rating restated by equities researchers at Jefferies Group in a research report issued on Monday, Stock Ratings News reports. They currently have a GBX 540 ($8.62) price target on the stock. Jefferies Group’s target price suggests a potential downside of 5.92% from the company’s current price.
Shares of Great Portland Estates (LON:GPOR) traded up 1.15% during mid-day trading on Monday, hitting GBX 574.00. 269,072 shares of the company’s stock traded hands. Great Portland Estates has a 52-week low of GBX 442.664 and a 52-week high of GBX 601.505. The stock’s 50-day moving average is GBX 537.9 and its 200-day moving average is GBX 537.7. The company’s market cap is £1.957 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Great Portland Estates in a research note to investors on Wednesday, October 9th. They now have a GBX 523 ($8.35) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Great Portland Estates in a research note to investors on Tuesday, October 8th. They now have a GBX 635 ($10.14) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Great Portland Estates in a research note to investors on Tuesday, October 1st. They now have a GBX 600 ($9.58) price target on the stock. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 568.94 ($9.08).
Great Portland Estates Plc is a property investment and development company. Its business model invests in property in central London.
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