Great Portland Estates Plc (LON:GPOR) Receives Average Recommendation of “Hold” from Analysts
Great Portland Estates Plc (LON:GPOR) has been assigned a consensus rating of “Hold” from the fourteen analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 684.83 ($8.87).
A number of equities research analysts have recently weighed in on the stock. Numis Securities Ltd reissued a “hold” rating and set a GBX 689 ($8.92) price objective on shares of Great Portland Estates Plc in a report on Thursday, July 6th. Liberum Capital reissued a “hold” rating and set a GBX 650 ($8.42) price objective on shares of Great Portland Estates Plc in a report on Thursday, July 6th. Peel Hunt reissued an “add” rating and set a GBX 725 ($9.39) price objective on shares of Great Portland Estates Plc in a report on Thursday, July 6th. Credit Suisse Group reissued a “neutral” rating on shares of Great Portland Estates Plc in a report on Friday, June 30th. Finally, J P Morgan Chase & Co dropped their price objective on shares of Great Portland Estates Plc from GBX 730 ($9.46) to GBX 710 ($9.20) and set a “neutral” rating on the stock in a report on Tuesday, June 20th.
Great Portland Estates Plc (LON GPOR) opened at 606.00 on Friday. The stock’s 50 day moving average price is GBX 637.36 and its 200 day moving average price is GBX 674.58. The company’s market capitalization is GBX 1.97 billion. Great Portland Estates Plc has a 12-month low of GBX 578.00 and a 12-month high of GBX 702.00.
The business also recently declared a dividend, which was paid on Monday, July 10th. Investors of record on Thursday, June 1st were given a dividend of GBX 6.40 ($0.08) per share. The ex-dividend date of this dividend was Thursday, June 1st. This represents a dividend yield of 0.97%.
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In related news, insider Nick Sanderson sold 17,127 shares of the company’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of GBX 624 ($8.08), for a total transaction of £106,872.48 ($138,435.85). Also, insider Wendy Becker acquired 102 shares of the company’s stock in a transaction that occurred on Tuesday, July 11th. The shares were acquired at an average cost of GBX 586 ($7.59) per share, with a total value of £597.72 ($774.25). In the last 90 days, insiders have purchased 173 shares of company stock valued at $104,426.
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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