Great Portland Estates (GPOR) Rating Reiterated by Numis Securities

Great Portland Estates (LON:GPOR)‘s stock had its “hold” rating reissued by Numis Securities in a research report issued to clients and investors on Thursday. They currently have a GBX 666 ($9.03) price target on the stock. Numis Securities’ target price indicates a potential upside of 1.14% from the stock’s current price.

GPOR has been the subject of a number of other research reports. Liberum Capital reiterated a “hold” rating and set a GBX 660 ($8.95) price objective on shares of Great Portland Estates in a research report on Monday, December 18th. Peel Hunt reiterated a “hold” rating and set a GBX 650 ($8.81) price objective on shares of Great Portland Estates in a research report on Thursday. JPMorgan Chase & Co. lifted their price objective on Great Portland Estates from GBX 710 ($9.63) to GBX 750 ($10.17) and gave the stock a “neutral” rating in a research report on Monday, January 15th. Societe Generale reiterated a “sell” rating and set a GBX 570 ($7.73) price objective on shares of Great Portland Estates in a research report on Thursday, November 16th. Finally, Jefferies Group reiterated an “underperform” rating and set a GBX 525 ($7.12) price objective on shares of Great Portland Estates in a research report on Thursday, November 16th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 651.83 ($8.84).

Great Portland Estates (LON:GPOR) traded up GBX 11.50 ($0.16) during trading hours on Thursday, hitting GBX 658.50 ($8.93). The stock had a trading volume of 3,730,059 shares, compared to its average volume of 817,435. Great Portland Estates has a fifty-two week low of GBX 582 ($7.89) and a fifty-two week high of GBX 702 ($9.52).

Great Portland Estates (LON:GPOR) last released its quarterly earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). The business had revenue of GBX 6,540 million during the quarter. Great Portland Estates had a negative return on equity of 5.49% and a negative net margin of 118.76%.

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Great Portland Estates Company Profile

Great Portland Estates plc, through its subsidiaries, operates as a real estate investment trust (REIT). It develops freehold and leasehold, residential, retail, and office properties in London. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders.

Analyst Recommendations for Great Portland Estates (LON:GPOR)

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