Brokerages Set Great Portland Estates PLC (GPOR) Price Target at $658.90
Shares of Great Portland Estates PLC (LON:GPOR) have earned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 666.42 ($8.71).
A number of equities analysts recently commented on GPOR shares. Morgan Stanley boosted their price objective on shares of Great Portland Estates from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the stock an “underweight” rating in a research note on Wednesday, February 13th. Numis Securities reaffirmed a “hold” rating and issued a GBX 703 ($9.19) price target (down from GBX 745 ($9.73)) on shares of Great Portland Estates in a report on Wednesday. Berenberg Bank reissued a “sell” rating and set a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a report on Tuesday, April 2nd. Peel Hunt reissued a “hold” rating on shares of Great Portland Estates in a report on Tuesday, May 14th. Finally, Royal Bank of Canada assumed coverage on shares of Great Portland Estates in a report on Thursday, March 28th. They set an “underperform” rating and a GBX 525 ($6.86) price objective on the stock.
Shares of LON GPOR opened at GBX 734.40 ($9.60) on Monday. The company has a quick ratio of 2.61, a current ratio of 2.89 and a debt-to-equity ratio of 14.14. The stock has a market capitalization of $1.98 billion and a price-to-earnings ratio of 33.23. Great Portland Estates has a 1 year low of GBX 647.40 ($8.46) and a 1 year high of GBX 777.60 ($10.16).
About Great Portland Estates
We are a FTSE 250 property investment and development company owning £2.6 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
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