Great Portland Estates (GPOR) Upgraded to Buy by Deutsche Bank

Deutsche Bank upgraded shares of Great Portland Estates (LON:GPOR) to a buy rating in a report released on Wednesday, ThisIsMoney.Co.Uk reports. Deutsche Bank currently has GBX 820 ($10.71) price target on the stock, up from their prior price target of GBX 720 ($9.41).

Several other research analysts have also weighed in on GPOR. Liberum Capital reissued a hold rating on shares of Great Portland Estates in a report on Wednesday, January 9th. Peel Hunt reissued a hold rating on shares of Great Portland Estates in a report on Wednesday, January 23rd. Goldman Sachs Group decreased their price objective on shares of Great Portland Estates from GBX 662 ($8.65) to GBX 633 ($8.27) and set a neutral rating for the company in a report on Friday, January 25th. Citigroup lowered shares of Great Portland Estates to a sell rating and decreased their price objective for the stock from GBX 691 ($9.03) to GBX 592 ($7.74) in a report on Friday, January 25th. Finally, Berenberg Bank started coverage on shares of Great Portland Estates in a report on Wednesday, February 13th. They set a sell rating and a GBX 600 ($7.84) price objective for the company. Six research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. Great Portland Estates presently has a consensus rating of Hold and a consensus price target of GBX 670.58 ($8.76).

Shares of GPOR stock opened at GBX 759.20 ($9.92) on Wednesday. The firm has a market cap of $2.06 billion and a price-to-earnings ratio of 34.35. The company has a quick ratio of 2.61, a current ratio of 2.89 and a debt-to-equity ratio of 14.14. 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).

Great Portland Estates Company Profile

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.

Featured Article: Why is momentum important to successful trading?

Analyst Recommendations for Great Portland Estates (LON:GPOR)

Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.