Great Portland Estates PLC Receives “Sell” Rating from Sanford C. Bernstein (GPOR)
Great Portland Estates PLC (LON:GPOR)‘s stock had its “sell” rating reaffirmed by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Thursday. They currently have a GBX 620 ($10.52) price target on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 0.99% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “sell” rating on shares of Great Portland Estates PLC in a research note on Thursday. They now have a GBX 620 ($10.52) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Great Portland Estates PLC in a research note on Tuesday. They now have a GBX 780 ($13.24) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Great Portland Estates PLC in a research note on Tuesday. They now have a GBX 737 ($12.51) price target on the stock. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 653.38 ($11.09).
Great Portland Estates PLC (LON:GPOR) opened at 624.00 on Thursday. Great Portland Estates PLC has a 1-year low of GBX 495.60 and a 1-year high of GBX 678.00. The stock’s 50-day moving average is GBX 644.2 and its 200-day moving average is GBX 626.2. The company’s market cap is £2.136 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, July 8th. Shareholders of record on Wednesday, May 28th will be paid a dividend of GBX 5.40 ($0.09) per share. This represents a dividend yield of 0.85%. The ex-dividend date is Wednesday, May 28th.
Great Portland Estates plc is a property investment and development company focused on central London real estate.
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