Great Portland Estates Plc (GPOR) Receives Average Recommendation of “Hold” from Brokerages

Shares of Great Portland Estates Plc (LON:GPOR) have received a consensus recommendation of “Hold” from the twelve research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 651.83 ($9.15).

A number of equities research analysts recently issued reports on GPOR shares. Peel Hunt reiterated an “add” rating and issued a GBX 725 ($10.18) price objective on shares of Great Portland Estates in a research report on Wednesday, November 15th. Credit Suisse Group upgraded Great Portland Estates to an “outperform” rating and increased their price objective for the stock from GBX 630 ($8.85) to GBX 740 ($10.39) in a research report on Wednesday, December 6th. Liberum Capital reiterated a “hold” rating and issued a GBX 660 ($9.27) price objective on shares of Great Portland Estates in a research report on Wednesday, November 15th. Deutsche Bank reiterated a “hold” rating and issued a GBX 620 ($8.71) price objective on shares of Great Portland Estates in a research report on Thursday, November 16th. Finally, Numis Securities reiterated a “hold” rating and issued a GBX 666 ($9.35) price objective on shares of Great Portland Estates in a research report on Thursday, January 25th.

Shares of Great Portland Estates (LON GPOR) opened at GBX 660.50 ($9.28) on Tuesday. Great Portland Estates has a 1 year low of GBX 582 ($8.17) and a 1 year high of GBX 702 ($9.86).

Great Portland Estates (LON:GPOR) last posted its quarterly earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 8.30 ($0.12) by GBX 1.30 ($0.02). Great Portland Estates had a negative return on equity of 5.49% and a negative net margin of 118.76%. The firm had revenue of GBX 6,540 million during the quarter.

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About Great Portland Estates

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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