Great Portland Estates (LON:GPOR)‘s stock had its “hold” rating reissued by investment analysts at Numis Securities in a report released on Wednesday, Digital Look reports. They presently have a GBX 703 ($9.19) target price on the stock, down from their prior target price of GBX 745 ($9.73). Numis Securities’ target price suggests a potential downside of 3.46% from the company’s previous close.
Several other equities research analysts have also recently weighed in on GPOR. Peel Hunt restated a “hold” rating on shares of Great Portland Estates in a research note on Tuesday, May 14th. Royal Bank of Canada began coverage on Great Portland Estates in a research note on Thursday, March 28th. They set an “underperform” rating and a GBX 525 ($6.86) target price for the company. Liberum Capital restated a “hold” rating on shares of Great Portland Estates in a research note on Tuesday, February 19th. Deutsche Bank reiterated a “hold” rating on shares of Great Portland Estates in a research note on Tuesday, March 19th. Finally, Berenberg Bank reiterated a “sell” rating and issued a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a research note on Tuesday, April 2nd. Six equities 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. The stock presently has an average rating of “Hold” and an average price target of GBX 670.15 ($8.76).
GPOR stock opened at GBX 728.20 ($9.52) on Wednesday. The company has a market cap of $1.97 billion and a P/E ratio of 32.95. Great Portland Estates has a fifty-two week low of GBX 647.40 ($8.46) and a fifty-two week high of GBX 777.60 ($10.16). The company has a debt-to-equity ratio of 14.14, a current ratio of 2.89 and a quick ratio of 2.61.
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.
Recommended Story: Closed-End Mutual Funds (CEFs)
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.