Great Portland Estates PLC (GPOR) Receives Consensus Rating of “Hold” from Analysts
Shares of Great Portland Estates PLC (LON:GPOR) have received an average recommendation of “Hold” from the fourteen analysts that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 679.69 ($8.60).
A number of analysts have commented on GPOR shares. HSBC Holdings plc cut their price target on shares of Great Portland Estates PLC from GBX 664 ($8.40) to GBX 657 ($8.31) and set a “hold” rating on the stock in a research report on Wednesday, February 22nd. Liberum Capital reissued a “hold” rating and set a GBX 650 ($8.22) price objective on shares of Great Portland Estates PLC in a research report on Monday, March 13th. Jefferies Group LLC cut their price objective on shares of Great Portland Estates PLC from GBX 563 ($7.12) to GBX 550 ($6.96) and set an “underperform” rating on the stock in a research report on Wednesday, April 26th. Peel Hunt reissued an “add” rating and set a GBX 725 ($9.17) price objective on shares of Great Portland Estates PLC in a research report on Wednesday, May 24th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 730 ($9.23) price objective on shares of Great Portland Estates PLC in a research report on Monday, June 5th.
Great Portland Estates PLC (LON GPOR) opened at 627.50 on Monday. The firm’s 50-day moving average price is GBX 667.16 and its 200 day moving average price is GBX 677.21. Great Portland Estates PLC has a 12-month low of GBX 534.50 and a 12-month high of GBX 783.00. The company’s market capitalization is GBX 2.04 billion.
The firm also recently declared a dividend, which will be paid on Monday, July 10th. Investors of record on Thursday, June 1st will be given a GBX 6.40 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, June 1st. This represents a yield of 0.97%.
In related news, insider Nick Sanderson sold 17,127 shares of the firm’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of GBX 624 ($7.89), for a total value of £106,872.48 ($135,196.05). In the last ninety days, insiders purchased 69 shares of company stock worth $44,614.
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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