Great Portland Estates PLC’s (GPOR) “Underperform” Rating Reiterated at BNP Paribas
Great Portland Estates PLC (LON:GPOR)‘s stock had its “underperform” rating restated by research analysts at BNP Paribas in a research note issued to investors on Tuesday. They currently have a GBX 580 ($7.18) price objective on the stock. BNP Paribas’ price target points to a potential downside of 3.25% from the stock’s previous close.
GPOR has been the topic of several other reports. Peel Hunt reissued an “add” rating and issued a GBX 725 ($8.97) target price on shares of Great Portland Estates PLC in a research report on Tuesday. Liberum Capital reaffirmed a “hold” rating and set a GBX 640 ($7.92) price objective on shares of Great Portland Estates PLC in a research report on Thursday, August 4th. HSBC lifted their price objective on Great Portland Estates PLC from GBX 616 ($7.62) to GBX 702 ($8.69) and gave the company a “hold” rating in a research report on Friday, September 30th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 804 ($9.95) price objective on shares of Great Portland Estates PLC in a research report on Monday, July 18th. Finally, Societe Generale cut Great Portland Estates PLC to a “sell” rating and lowered their price objective for the company from GBX 790 ($9.78) to GBX 550 ($6.81) in a research report on Tuesday, July 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. Great Portland Estates PLC currently has a consensus rating of “Hold” and an average price target of GBX 766.63 ($9.49).
Shares of Great Portland Estates PLC (LON:GPOR) opened at 609.00 on Tuesday. The stock’s market cap is GBX 2.08 billion. The firm has a 50-day moving average price of GBX 648.85 and a 200 day moving average price of GBX 694.31. Great Portland Estates PLC has a 52 week low of GBX 534.50 and a 52 week high of GBX 892.50.
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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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