Great Portland Estates PLC (GPOR) Rating Reiterated by Deutsche Bank AG
Great Portland Estates PLC (LON:GPOR)‘s stock had its “buy” rating restated by Deutsche Bank AG in a report released on Tuesday. They presently have a GBX 750 ($9.79) price objective on the stock. Deutsche Bank AG’s price target would suggest a potential upside of 23.66% from the company’s previous close.
A number of other research analysts also recently issued reports on the company. Barclays PLC dropped their price target on Great Portland Estates PLC from GBX 980 ($12.79) to GBX 770 ($10.05) and set an “overweight” rating on the stock in a research note on Thursday, July 7th. Goldman Sachs Group Inc. upgraded Great Portland Estates PLC to a “neutral” rating and dropped their price target for the stock from GBX 850 ($11.10) to GBX 690 ($9.01) in a research note on Wednesday, June 29th. Morgan Stanley increased their price objective on Great Portland Estates PLC from GBX 580 ($7.57) to GBX 630 ($8.22) and gave the stock an “underweight” rating in a research report on Wednesday, August 31st. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 804 ($10.49) price objective on shares of Great Portland Estates PLC in a research report on Monday, July 18th. Finally, HSBC increased their price objective on Great Portland Estates PLC from GBX 616 ($8.04) to GBX 702 ($9.16) and gave the stock a “hold” rating in a research report on Friday, September 30th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 769.53 ($10.04).
Shares of Great Portland Estates PLC (LON:GPOR) traded down 1.38% during mid-day trading on Tuesday, hitting GBX 606.45. The company had a trading volume of 1,729,551 shares. The firm has a 50-day moving average price of GBX 650.28 and a 200 day moving average price of GBX 695.79. Great Portland Estates PLC has a 12 month low of GBX 534.50 and a 12 month high of GBX 892.50. The firm’s market capitalization is GBX 2085.74 billion.
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About Great Portland Estates PLC
Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. GPE’s properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government.
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