Great Portland Estates Plc (GPOR) Given Hold Rating at Numis Securities Ltd
Great Portland Estates Plc (LON:GPOR)‘s stock had its “hold” rating reiterated by analysts at Numis Securities Ltd in a report issued on Thursday. They presently have a GBX 689 ($9.15) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 9.89% from the company’s previous close.
Several other equities research analysts have also recently weighed in on GPOR. Credit Suisse Group reissued a “neutral” rating on shares of Great Portland Estates Plc in a report on Friday, June 30th. Peel Hunt reaffirmed an “add” rating and issued a GBX 725 ($9.63) target price on shares of Great Portland Estates Plc in a research note on Thursday, July 6th. Liberum Capital reissued a “hold” rating and set a GBX 650 ($8.64) price objective on shares of Great Portland Estates Plc in a research note on Thursday, July 6th. Citigroup Inc. reissued a “buy” rating and set a GBX 691 ($9.18) price objective on shares of Great Portland Estates Plc in a research note on Monday, August 14th. Finally, Deutsche Bank AG lowered Great Portland Estates Plc to a “hold” rating and dropped their price objective for the company from GBX 710 ($9.43) to GBX 620 ($8.24) in a research note on Monday, September 11th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 670.42 ($8.91).
Great Portland Estates Plc (LON GPOR) traded down 0.16% during trading on Thursday, reaching GBX 627.00. 1,115,615 shares of the company were exchanged. The firm’s 50 day moving average price is GBX 609.78 and its 200-day moving average price is GBX 634.70. The stock’s market capitalization is GBX 2.04 billion. Great Portland Estates Plc has a one year low of GBX 581.50 and a one year high of GBX 702.00.
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In related news, insider Nick Hampton purchased 1,500 shares of Great Portland Estates Plc stock in a transaction dated Tuesday, July 25th. The stock was purchased at an average cost of GBX 597 ($7.93) per share, with a total value of £8,955 ($11,898.75). Also, insider Nick Sanderson sold 8,563 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of GBX 609 ($8.09), for a total value of £52,148.67 ($69,291.35). In the last 90 days, insiders have purchased 1,575 shares of company stock valued at $940,825.
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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