Great Portland Estates (LON:GPE) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Great Portland Estates (LON:GPE) had its price target upped by research analysts at Berenberg Bank from GBX 297 to GBX 377 in a research note issued on Tuesday, Marketbeat.com reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 5.60% from the stock’s current price.

GPE has been the topic of a number of other reports. Peel Hunt reiterated a “buy” rating and issued a GBX 375 price target on shares of Great Portland Estates in a research report on Tuesday, November 18th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 440 target price on shares of Great Portland Estates in a research note on Wednesday, November 19th. Jefferies Financial Group lifted their price target on shares of Great Portland Estates from GBX 332 to GBX 342 and gave the stock a “hold” rating in a research report on Wednesday, November 19th. Finally, Shore Capital restated a “buy” rating on shares of Great Portland Estates in a research report on Thursday, January 15th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Great Portland Estates presently has a consensus rating of “Moderate Buy” and an average price target of GBX 408.80.

Great Portland Estates Trading Up 1.0%

Shares of Great Portland Estates stock traded up GBX 3.50 during trading on Tuesday, reaching GBX 357. 671,542 shares of the company were exchanged, compared to its average volume of 1,087,647. Great Portland Estates has a twelve month low of GBX 260 and a twelve month high of GBX 369. The business has a 50-day moving average price of GBX 319.51 and a 200-day moving average price of GBX 323.64. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. The firm has a market capitalization of £1.44 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 2.22 and a beta of 0.80.

Insider Transactions at Great Portland Estates

In other Great Portland Estates news, insider Nick Sanderson acquired 88 shares of the stock in a transaction dated Friday, October 31st. The shares were bought at an average cost of GBX 336 per share, for a total transaction of £295.68. Also, insider William Eccleshare bought 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was acquired at an average cost of GBX 310 per share, with a total value of £12,400. Over the last 90 days, insiders bought 4,319 shares of company stock worth $1,344,202. Corporate insiders own 1.53% of the company’s stock.

Great Portland Estates Company Profile

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.