Great Portland Estates (LON:GPOR) Given New GBX 810 Price Target at Barclays
Great Portland Estates (LON:GPOR) had its price target raised by Barclays from GBX 700 ($9.21) to GBX 810 ($10.66) in a report released on Friday, Stock Target Advisor reports. They currently have an underweight rating on the stock.
Several other analysts have also commented on GPOR. Peel Hunt reaffirmed a hold rating on shares of Great Portland Estates in a report on Tuesday, February 11th. Deutsche Bank lowered Great Portland Estates to a hold rating and cut their price objective for the stock from GBX 890 ($11.71) to GBX 850 ($11.18) in a report on Wednesday, December 18th. Morgan Stanley raised Great Portland Estates to an overweight rating and lifted their price objective for the stock from GBX 750 ($9.87) to GBX 870 ($11.44) in a report on Thursday, November 28th. Bank of America raised Great Portland Estates to a buy rating and lifted their price objective for the stock from GBX 820 ($10.79) to GBX 960 ($12.63) in a report on Wednesday, January 15th. Finally, Royal Bank of Canada lifted their price objective on Great Portland Estates from GBX 575 ($7.56) to GBX 600 ($7.89) and gave the stock an underperform rating in a report on Monday, December 16th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 820.31 ($10.79).
Shares of GPOR traded down GBX 41.60 ($0.55) during trading hours on Friday, hitting GBX 842.60 ($11.08). The stock had a trading volume of 2,780,118 shares, compared to its average volume of 972,322. The company has a debt-to-equity ratio of 16.98, a current ratio of 0.49 and a quick ratio of 0.46. Great Portland Estates has a 12 month low of GBX 643.80 ($8.47) and a 12 month high of GBX 971.80 ($12.78). The firm has a market capitalization of $2.14 billion and a PE ratio of 37.62. The stock has a fifty day moving average price of GBX 930 and a 200 day moving average price of GBX 810.85.
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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