Great Portland Estates Price Target Raised to GBX 637 at Liberum Capital (GPOR)
Research analysts at Liberum Capital lifted their price objective on shares of Great Portland Estates (LON:GPOR) from GBX 612 ($10.05) to GBX 637 ($10.46) in a report released on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s price objective suggests a potential upside of 1.76% from the company’s current price.
Shares of Great Portland Estates (LON:GPOR) traded down 1.57% on Thursday, hitting GBX 626.00. 511,721 shares of the company’s stock traded hands. Great Portland Estates has a 1-year low of GBX 471.20 and a 1-year high of GBX 638.44. The stock has a 50-day moving average of GBX 599.0 and a 200-day moving average of GBX 569.4. The company’s market cap is £2.147 billion.
A number of other firms have also recently commented on GPOR. Analysts at HSBC reiterated an “overweight” rating on shares of Great Portland Estates in a research note to investors on Tuesday. They now have a GBX 715 ($11.74) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Great Portland Estates in a research note to investors on Monday. They now have a GBX 680 ($11.16) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Great Portland Estates from GBX 580 ($9.52) to GBX 625 ($10.26) in a research note to investors on Wednesday, January 15th. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company’s stock. Great Portland Estates has an average rating of “Hold” and a consensus target price of GBX 608.62 ($9.99).
Great Portland Estates Plc is a property investment and development company. Its business model invests in property in central London.
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