BNP Paribas Reiterates Outperform Rating for Great Portland Estates PLC (GPOR)
Great Portland Estates PLC (LON:GPOR)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Monday. They currently have a GBX 780 ($13.29) target price on the stock. BNP Paribas’ target price indicates a potential upside of 21.12% from the stock’s previous close.
Great Portland Estates PLC (LON:GPOR) traded down 0.69% on Monday, hitting GBX 644.00. 546,685 shares of the company’s stock traded hands. Great Portland Estates PLC has a one year low of GBX 515.00 and a one year high of GBX 678.00. The stock’s 50-day moving average is GBX 642.7 and its 200-day moving average is GBX 629.. The company’s market cap is £2.204 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, July 8th. Investors 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.
GPOR has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Great Portland Estates PLC in a research note on Wednesday, June 25th. Separately, analysts at Sanford C. Bernstein reiterated a “sell” rating on shares of Great Portland Estates PLC in a research note on Thursday, June 19th. They now have a GBX 620 ($10.56) price target on the stock. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Great Portland Estates PLC in a research note on Thursday, June 19th. They now have a GBX 620 ($10.56) price target on the stock. Three research analysts have rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 667.93 ($11.38).
Great Portland Estates plc is a property investment and development company focused on central London real estate.
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