Great Portland Estates PLC Receives Sell Rating from Deutsche Bank (GPOR)
Great Portland Estates PLC (LON:GPOR)‘s stock had its “sell” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Monday, American Banking News.com reports. They currently have a GBX 480 ($8.08) price objective on the stock. Deutsche Bank’s price target suggests a potential downside of 23.02% from the stock’s previous close.
A number of other firms have also recently commented on GPOR. Analysts at Liberum Capital raised their price target on shares of Great Portland Estates PLC from GBX 637 ($10.73) to GBX 686 ($11.55) in a research note on Friday, May 9th. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Great Portland Estates PLC in a research note on Friday, May 2nd. They now have a GBX 680 ($11.45) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Great Portland Estates PLC from GBX 663 ($11.17) to GBX 676 ($11.39) in a research note on Thursday, May 1st. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Great Portland Estates PLC currently has an average rating of “Hold” and a consensus target price of GBX 639.88 ($10.78).
Shares of Great Portland Estates PLC (LON:GPOR) traded down 3.85% on Monday, hitting GBX 625.00. The stock had a trading volume of 1,344,248 shares. Great Portland Estates PLC has a 1-year low of GBX 495.60 and a 1-year high of GBX 666.00. The stock’s 50-day moving average is GBX 637.4 and its 200-day moving average is GBX 613.9. The company’s market cap is £2.143 billion.
Great Portland Estates plc is a property investment and development company focused on central London real estate.
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