Great Portland Estates Plc (LON:GPE) Receives Average Rating of “Hold” from Analysts

Great Portland Estates Plc (LON:GPE) has been given a consensus recommendation of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 388.22.

Several equities analysts recently issued reports on GPE shares. UBS Group reiterated a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research report on Monday, May 18th. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a research report on Thursday, April 16th. The Goldman Sachs Group dropped their price objective on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a report on Monday, March 30th. Finally, Berenberg Bank cut their price objective on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research report on Monday, June 22nd.

Insider Transactions at Great Portland Estates

In related news, insider Toby Courtauld sold 29,288 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £91,964.32. Also, insider Dan Nicholson sold 16,037 shares of Great Portland Estates stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total value of £50,356.18. Over the last 90 days, insiders bought 284 shares of company stock worth $89,804. Corporate insiders own 1.55% of the company’s stock.

Great Portland Estates Price Performance

Shares of GPE stock opened at GBX 333.20 on Wednesday. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28. Great Portland Estates has a 12-month low of GBX 270 and a 12-month high of GBX 377. The firm has a fifty day moving average of GBX 314.88 and a 200-day moving average of GBX 320.64. The firm has a market capitalization of £1.34 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91.

Great Portland Estates (LON:GPE) last posted its earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%.The firm had revenue of GBX 5,460 million for the quarter. On average, equities research analysts forecast that Great Portland Estates will post 6.1719457 earnings per share for the current year.

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.