Great Portland Estates Plc (LON:GPE) Receives Average Rating of “Hold” from Analysts

Shares of Great Portland Estates Plc (LON:GPE) have been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 388.22.

Several equities research analysts have recently issued reports on the stock. UBS Group restated a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 450 target price on shares of Great Portland Estates in a research note on Thursday, April 16th. Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Jefferies Financial Group restated a “hold” rating and issued a GBX 334 price target on shares of Great Portland Estates in a research report on Thursday, July 2nd. Finally, Berenberg Bank dropped their price objective on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a report on Monday, June 22nd.

Insider Activity

In related news, insider Dan Nicholson sold 16,037 shares of Great Portland Estates stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £50,356.18. Also, insider Toby Courtauld sold 29,288 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total value of £91,964.32. In the last quarter, insiders purchased 186 shares of company stock valued at $60,012. 1.55% of the stock is owned by corporate insiders.

Great Portland Estates Stock Performance

GPE opened at GBX 349 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28. The stock’s 50 day moving average price is GBX 327.38 and its two-hundred day moving average price is GBX 323.74. The firm has a market capitalization of £1.41 billion, a P/E ratio of 9.16, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. Great Portland Estates has a 12-month low of GBX 270 and a 12-month high of GBX 377.

Great Portland Estates (LON:GPE) last issued its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 EPS for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%.The company had revenue of GBX 5,460 million during the quarter. On average, equities analysts forecast that Great Portland Estates will post 6.1719457 earnings per share for the current year.

About Great Portland Estates

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.