Great Portland Estates PLC (GPOR) Stock Rating Reaffirmed by BNP Paribas
Great Portland Estates PLC (LON:GPOR)‘s stock had its “underperform” rating reissued by research analysts at BNP Paribas in a report released on Tuesday. They presently have a GBX 580 ($7.18) target price on the stock. BNP Paribas’ target price would indicate a potential downside of 3.25% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Numis Securities Ltd reduced their target price on Great Portland Estates PLC from GBX 888 ($10.99) to GBX 734 ($9.08) and set an “add” rating on the stock in a report on Tuesday, August 16th. Peel Hunt cut Great Portland Estates PLC to an “add” rating in a report on Monday, July 25th. Citigroup Inc. reissued a “buy” rating and issued a GBX 804 ($9.95) price objective on shares of Great Portland Estates PLC in a research report on Monday, July 18th. Deutsche Bank AG cut their price objective on 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, Liberum Capital cut their price objective on Great Portland Estates PLC from GBX 705 ($8.73) to GBX 640 ($7.92) and set a “hold” rating on the stock in a research report on Monday, July 4th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. Great Portland Estates PLC presently has an average rating of “Hold” and a consensus price target of GBX 766.63 ($9.49).
Shares of Great Portland Estates PLC (LON:GPOR) opened at 609.00 on Tuesday. The company 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 12 month low of GBX 534.50 and a 12 month high of GBX 892.50. The firm’s market capitalization is GBX 2.08 billion.
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Great Portland Estates PLC Company Profile
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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