Great Portland Est (GPEAF) Downgraded by Zacks Investment Research to Sell
Great Portland Est (NASDAQ:GPEAF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
According to Zacks, “Great Portland Estates PLC provides property investment and development services. It operating business models includes Asset management, Investment management, Development management and Financial management. Asset management produces tailor made solutions to drive rental growth and minimize voids. Investment management buys and sells at the right point of portfolio returns. Development management upgrades their portfolio with targeted capital expenditure improves its tenant appeal, enhancing rental values and capital returns. Financial management provides security in its cyclical markets and firepower to buy when opportunities arise. Great Portland Estates PLC is headquartered in London, the United Kingdom. “
Great Portland Est (GPEAF) opened at 7.60 on Tuesday. Great Portland Est has a one year low of $7.15 and a one year high of $8.50. The stock has a 50 day moving average price of $8.05 and a 200-day moving average price of $8.24. The stock’s market cap is $2.47 billion.
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