Great Portland Estates (LON:GPOR) Given “Sell” Rating at Goldman Sachs Group
Goldman Sachs Group restated their sell rating on shares of Great Portland Estates (LON:GPOR) in a report published on Thursday, ThisIsMoney.Co.Uk reports.
Several other research firms also recently issued reports on GPOR. Berenberg Bank reaffirmed a sell rating and set a GBX 600 ($7.84) price target on shares of Great Portland Estates in a research note on Wednesday, May 22nd. Royal Bank of Canada reaffirmed an underperform rating and set a GBX 550 ($7.19) price target on shares of Great Portland Estates in a research note on Monday, June 24th. Numis Securities reaffirmed a hold rating and set a GBX 703 ($9.19) price target (down previously from GBX 745 ($9.73)) on shares of Great Portland Estates in a research note on Wednesday, May 22nd. Deutsche Bank reaffirmed a buy rating on shares of Great Portland Estates in a research note on Friday, July 12th. Finally, Peel Hunt reaffirmed a hold rating on shares of Great Portland Estates in a research note on Wednesday, July 10th. Six analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 672.17 ($8.78).
Great Portland Estates stock opened at GBX 656.80 ($8.58) on Thursday. Great Portland Estates has a 12-month low of GBX 646.60 ($8.45) and a 12-month high of GBX 777.60 ($10.16). The stock has a market cap of $1.74 billion and a P/E ratio of 38.41. The company has a debt-to-equity ratio of 14.58, a current ratio of 3.09 and a quick ratio of 2.97. The business’s fifty day moving average price is GBX 685.39.
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: How does quantitative easing work?
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.