Great Portland Estates’ (GPE) Hold Rating Reaffirmed at Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Financial Group in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 334 target price on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 6.03% from the stock’s current price.

Several other equities analysts have also issued reports on GPE. Berenberg Bank reissued a “hold” rating and issued a GBX 377 price target on shares of Great Portland Estates in a research note on Thursday, May 21st. UBS Group reiterated a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Stifel Nicolaus restated a “hold” rating and issued a GBX 370 price target on shares of Great Portland Estates in a report on Wednesday, April 15th. The Goldman Sachs Group dropped their price objective on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a report on Monday, March 30th. Finally, Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 390.11.

Great Portland Estates Stock Up 1.7%

Great Portland Estates stock traded up GBX 5.40 during trading hours on Friday, reaching GBX 315. 631,638 shares of the company’s stock were exchanged, compared to its average volume of 5,036,597. The firm’s 50 day simple moving average is GBX 303.63 and its 200 day simple moving average is GBX 319.79. Great Portland Estates has a twelve month low of GBX 270 and a twelve month high of GBX 377. The firm has a market capitalization of £1.27 billion, a PE ratio of 8.63, a PEG ratio of 2.22 and a beta of 0.92.

Great Portland Estates (LON:GPE) last announced its quarterly earnings data on Friday, May 22nd. The company reported GBX 8.60 earnings per share (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 £117.90 million for the quarter. Analysts anticipate that Great Portland Estates will post 6.1719457 EPS for the current year.

Insider Buying and Selling at Great Portland Estates

In related news, insider Peter Duffy acquired 19,965 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were acquired at an average cost of GBX 343 per share, for a total transaction of £68,479.95. Also, insider Jayne Cottam acquired 32,330 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were purchased at an average cost of GBX 309 per share, for a total transaction of £99,899.70. Insiders have purchased 52,428 shares of company stock valued at $16,879,622 in the last quarter. 1.53% of the stock is currently owned by corporate insiders.

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.