Great Portland Estates Given “Sell” Rating at Deutsche Bank (GPOR)
Great Portland Estates (LON:GPOR)‘s stock had its “sell” rating reiterated by research analysts at Deutsche Bank in a report released on Wednesday, Analyst Ratings Net reports. They currently have a GBX 460 ($7.58) target price on the stock. Deutsche Bank’s price target would indicate a potential downside of 24.71% from the stock’s previous close.
A number of other firms have also recently commented on GPOR. Analysts at Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of Great Portland Estates in a research note to investors on Monday. They now have a GBX 775 ($12.77) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Great Portland Estates in a research note to investors on Friday, January 24th. They now have a GBX 601 ($9.90) price target on the stock. Finally, analysts at Liberum Capital raised their price target on shares of Great Portland Estates from GBX 612 ($10.08) to GBX 637 ($10.50) in a research note to investors on Thursday, January 23rd. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Great Portland Estates has an average rating of “Buy” and an average price target of GBX 611.40 ($10.07).
Shares of Great Portland Estates (LON:GPOR) remained flat at GBX 611.00 during trading on Wednesday. The stock had a trading volume of 659,716 shares. Great Portland Estates has a one year low of GBX 471.20 and a one year high of GBX 638.00. The stock has a 50-day moving average of GBX 602.5 and a 200-day moving average of GBX 570.3. The company’s market cap is £2.095 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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