Great Portland Estates PLC (GPOR) Receives Hold Rating from Liberum Capital
Great Portland Estates PLC (LON:GPOR)‘s stock had its “hold” rating reissued by equities researchers at Liberum Capital in a research note issued on Tuesday. They presently have a GBX 640 ($7.92) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 6.76% from the stock’s previous close.
A number of other research analysts also recently issued reports on GPOR. Credit Suisse Group AG lifted their price objective on shares of Great Portland Estates PLC from GBX 760 ($9.41) to GBX 795 ($9.84) and gave the stock a “neutral” rating in a research report on Friday, June 17th. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 810 ($10.02) price objective on shares of Great Portland Estates PLC in a research report on Monday, June 20th. JPMorgan Chase & Co. cut their price objective on shares of Great Portland Estates PLC from GBX 975 ($12.07) to GBX 940 ($11.63) and set an “overweight” rating on the stock in a research report on Wednesday, June 22nd. Deutsche Bank AG cut their price objective on shares of Great Portland Estates PLC from GBX 1,000 ($12.38) to GBX 900 ($11.14) and set a “buy” rating on the stock in a research report on Friday, June 24th. Finally, Goldman Sachs Group Inc. raised shares of Great Portland Estates PLC to a “neutral” rating and cut their price objective for the stock from GBX 850 ($10.52) to GBX 690 ($8.54) in a research report on Wednesday, June 29th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. Great Portland Estates PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 764.53 ($9.46).
Shares of Great Portland Estates PLC (LON:GPOR) opened at 605.00 on Tuesday. The stock’s market capitalization is GBX 2.07 billion. Great Portland Estates PLC has a 52 week low of GBX 534.50 and a 52 week high of GBX 892.50. The stock has a 50 day moving average of GBX 648.85 and a 200-day moving average of GBX 694.31.
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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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