Jefferies Group Increases Great Portland Estates Price Target to GBX 601 (GPOR)
Jefferies Group increased their price objective on shares of Great Portland Estates (LON:GPOR) from GBX 588 ($9.69) to GBX 601 ($9.90) in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s target price points to a potential downside of 2.20% from the company’s current price.
GPOR has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Great Portland Estates in a research note to investors on Friday, January 10th. They now have a GBX 612 ($10.09) price target on the stock. Separately, analysts at Kempen & Co downgraded shares of Great Portland Estates to a “neutral” rating in a research note to investors on Wednesday, January 8th. They now have a GBX 610 ($10.05) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Great Portland Estates from GBX 595 ($9.81) to GBX 650 ($10.71) in a research note to investors on Friday, December 20th. They now have an “add” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 596.19 ($9.83).
Shares of Great Portland Estates (LON:GPOR) traded up 0.24% during mid-day trading on Wednesday, hitting GBX 614.50. 1,378,135 shares of the company’s stock traded hands. Great Portland Estates has a 52 week low of GBX 471.20 and a 52 week high of GBX 618.50. The stock has a 50-day moving average of GBX 591.0 and a 200-day moving average of GBX 566.4. The company’s market cap is £2.107 billion.
Great Portland Estates Plc is a property investment and development company. Its business model invests in property in central London.
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