Great Portland Est (GPEAF) Upgraded to Buy by Zacks Investment Research
Great Portland Est (OTCMKTS:GPEAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The brokerage presently has a $9.75 target price on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 10.80% from the company’s current price.
According to Zacks, “Great Portland Estates PLC provides property investment and development services. It operating business models includes Asset management, Investment management, Development management and Financial management. Asset management produces tailor made solutions to drive rental growth and minimize voids. Investment management buys and sells at the right point of portfolio returns. Development management upgrades their portfolio with targeted capital expenditure improves its tenant appeal, enhancing rental values and capital returns. Financial management provides security in its cyclical markets and firepower to buy when opportunities arise. Great Portland Estates PLC is headquartered in London, the United Kingdom. “
Shares of Great Portland Est (OTCMKTS GPEAF) remained flat at $$8.80 during trading on Tuesday. Great Portland Est has a fifty-two week low of $7.60 and a fifty-two week high of $8.80.
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