Great Portland Estates’ (GPE) “Hold” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of Great Portland Estates (LON:GPE) in a research report report published on Friday morning, Marketbeat Ratings reports. They currently have a GBX 334 price objective on the stock.

Several other research analysts also recently weighed in on GPE. Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. UBS Group reissued a “sell” rating and issued a GBX 315 target price on shares of Great Portland Estates in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 450 target price on shares of Great Portland Estates in a research report on Thursday, April 16th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 370 target price on shares of Great Portland Estates in a research report on Wednesday, April 15th. Finally, The Goldman Sachs Group dropped their target price on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 390.11.

Great Portland Estates Price Performance

LON GPE opened at GBX 312.40 on Friday. The company’s 50 day simple moving average is GBX 303.63 and its 200 day simple moving average is GBX 319.74. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377. The company has a market capitalization of £1.26 billion, a P/E ratio of 8.56, a PEG ratio of 2.22 and a beta of 0.92.

Great Portland Estates (LON:GPE) last released its earnings results on Friday, May 22nd. The company reported GBX 8.60 EPS for the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. The business had revenue of £117.90 million for the quarter. On average, analysts anticipate that Great Portland Estates will post 6.1719457 earnings per share for the current year.

Insider Buying and Selling

In other Great Portland Estates news, insider Peter Duffy bought 19,965 shares of Great Portland Estates stock in a transaction on Monday, March 2nd. The stock was purchased at an average cost of GBX 343 per share, for a total transaction of £68,479.95. Also, insider Jayne Cottam bought 32,330 shares of Great Portland Estates stock in a transaction on Tuesday, March 17th. The stock was acquired at an average price of GBX 309 per share, with a total value of £99,899.70. Insiders have purchased 52,428 shares of company stock worth $16,879,622 over the last ninety days. 1.53% of the stock is currently owned by insiders.

About Great Portland Estates

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.