Great Portland Estates Plc (GPOR) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Great Portland Estates Plc (LON:GPOR) have earned a consensus rating of “Hold” from the fourteen research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 681.17 ($8.87).
GPOR has been the topic of several research analyst reports. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 730 ($9.51) price target on shares of Great Portland Estates Plc in a report on Monday, June 5th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 650 ($8.46) price objective on shares of Great Portland Estates Plc in a research note on Wednesday, April 19th. Jefferies Group LLC reduced their price objective on shares of Great Portland Estates Plc from GBX 563 ($7.33) to GBX 550 ($7.16) and set an “underperform” rating for the company in a research note on Wednesday, April 26th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 689 ($8.97) price objective on shares of Great Portland Estates Plc in a research note on Thursday, July 6th. Finally, Credit Suisse Group reaffirmed a “neutral” rating on shares of Great Portland Estates Plc in a research note on Friday, June 30th.
In other news, insider Nick Hampton bought 1,500 shares of the business’s stock in a transaction on Tuesday, July 25th. The stock was purchased at an average price of GBX 597 ($7.77) per share, with a total value of £8,955 ($11,661.67). Also, 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 ($8.13), for a total transaction of £106,872.48 ($139,175.00). In the last three months, insiders have acquired 1,677 shares of company stock valued at $1,000,222.
Great Portland Estates Plc (LON:GPOR) opened at 606.50 on Tuesday. Great Portland Estates Plc has a 12 month low of GBX 581.50 and a 12 month high of GBX 702.00. The company has a 50 day moving average price of GBX 603.95 and a 200 day moving average price of GBX 658.66. The stock’s market capitalization is GBX 1.97 billion.
The company also recently announced a dividend, which was paid on Monday, July 10th. Shareholders of record on Thursday, June 1st were given a dividend of GBX 6.40 ($0.08) per share. This represents a yield of 0.97%. The ex-dividend date of this dividend was Thursday, June 1st.
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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