Great Portland Estates PLC’s “Sell” Rating Reaffirmed at Societe Generale (GPOR)
Great Portland Estates PLC (LON:GPOR)‘s stock had its “sell” rating reaffirmed by equities research analysts at Societe Generale in a research note issued to investors on Thursday. They currently have a GBX 620 ($10.52) price objective on the stock. Societe Generale’s price target would indicate a potential downside of 0.88% from the company’s current price.
Shares of Great Portland Estates PLC (LON:GPOR) traded up 2.12% on Thursday, hitting GBX 625.50. 667,425 shares of the company’s stock traded hands. 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 643.7 and its 200-day moving average is GBX 626.2. The company’s market cap is £2.141 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, July 8th. Shareholders of record on Wednesday, May 28th will be given a dividend of GBX 5.40 ($0.09) per share. This represents a yield of 0.85%. The ex-dividend date of this dividend is Wednesday, May 28th.
A number of other analysts have also recently weighed in on GPOR. 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. Separately, 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. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Great Portland Estates PLC in a research note on Monday. They now have a GBX 686 ($11.64) price target on the stock. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Great Portland Estates PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 653.38 ($11.09).
Great Portland Estates plc is a property investment and development company focused on central London real estate.
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