Jefferies Group LLC Reaffirms Underperform Rating for Great Portland Estates Plc (GPOR)
Jefferies Group LLC reaffirmed their underperform rating on shares of Great Portland Estates Plc (LON:GPOR) in a research note issued to investors on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 525 ($6.91) target price on the stock.
A number of other equities research analysts have also recently weighed in on GPOR. Liberum Capital boosted their price target on shares of Great Portland Estates Plc from GBX 650 ($8.55) to GBX 660 ($8.68) and gave the company a hold rating in a research report on Tuesday, August 1st. Citigroup Inc. reissued a buy rating and issued a GBX 691 ($9.09) price target on shares of Great Portland Estates Plc in a research report on Monday, August 14th. Deutsche Bank AG cut shares of Great Portland Estates Plc to a hold rating and reduced their price target for the company from GBX 710 ($9.34) to GBX 620 ($8.15) in a research report on Monday, September 11th. Goldman Sachs Group, Inc. (The) reissued a neutral rating and issued a GBX 658 ($8.65) price target on shares of Great Portland Estates Plc in a research report on Wednesday, September 27th. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 689 ($9.06) price target on shares of Great Portland Estates Plc in a research report on Tuesday, October 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 660.77 ($8.69).
Shares of Great Portland Estates Plc (GPOR) traded down GBX 1 ($0.01) during mid-day trading on Thursday, hitting GBX 630.50 ($8.29). 1,114,967 shares of the company were exchanged, compared to its average volume of 715,620. Great Portland Estates Plc has a 12-month low of GBX 582 ($7.65) and a 12-month high of GBX 702 ($9.23).
Great Portland Estates Plc (LON:GPOR) last issued its earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) EPS for the quarter, topping analysts’ consensus estimates of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). Great Portland Estates Plc had a negative net margin of 118.76% and a negative return on equity of 5.49%. The firm had revenue of GBX 6,540 million during the quarter.
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About Great Portland Estates Plc
Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. GPE’s properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government.
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