Great Portland Estates Plc (LON:GPE) Given Average Recommendation of “Hold” by Brokerages

Shares of Great Portland Estates Plc (LON:GPE) have earned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 391.33.

Several equities analysts have recently weighed in on GPE shares. UBS Group reaffirmed a “sell” rating and set a GBX 315 price target on shares of Great Portland Estates in a research note on Monday. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 345 price target on shares of Great Portland Estates in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 450 price target on shares of Great Portland Estates in a research report on Thursday, April 16th. Finally, Berenberg Bank boosted their price target on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a research report on Tuesday, January 27th.

Great Portland Estates Price Performance

Shares of GPE opened at GBX 304.20 on Tuesday. The stock has a market capitalization of £1.23 billion, a P/E ratio of 8.33, a P/E/G ratio of 2.22 and a beta of 0.92. Great Portland Estates has a twelve month low of GBX 270 and a twelve month high of GBX 377. The company has a 50 day moving average of GBX 304.41 and a 200-day moving average of GBX 321.50. The company has a quick ratio of 0.46, a current ratio of 1.80 and a debt-to-equity ratio of 53.27.

Insider Activity at Great Portland Estates

In related news, insider Peter Duffy purchased 19,965 shares of the stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of GBX 343 per share, with a total value of £68,479.95. Also, insider Jayne Cottam purchased 32,330 shares of the stock in a transaction on Tuesday, March 17th. The shares were bought at an average cost of GBX 309 per share, for a total transaction of £99,899.70. Insiders have acquired a total of 52,428 shares of company stock worth $16,879,622 in the last ninety days. 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.