Great Portland Estates Plc (OTCMKTS:GPEAF) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.30 and last traded at $10.30, with a volume of 0 shares. The stock had previously closed at $10.30.
Several research firms recently issued reports on GPEAF. Zacks Investment Research cut shares of Great Portland Estates from a “hold” rating to a “sell” rating in a report on Tuesday, September 21st. Stifel Nicolaus raised shares of Great Portland Estates from a “hold” rating to a “buy” rating in a report on Friday, July 23rd. Finally, Peel Hunt raised shares of Great Portland Estates from a “reduce” rating to a “hold” rating and set a $10.30 price target for the company in a report on Monday, July 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Great Portland Estates currently has an average rating of “Hold” and a consensus target price of $11.15.
The firm’s 50-day simple moving average is $10.30 and its two-hundred day simple moving average is $9.73.
We are a FTSE 250 property investment and development company owning Â£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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