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

Shares of Great Portland Estates Plc (LON:GPE) have been assigned an average rating of “Hold” from the nine brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 388.22.

Several research firms recently weighed in on GPE. Stifel Nicolaus reissued a “hold” rating and issued a GBX 370 target price on shares of Great Portland Estates in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 450 price target on shares of Great Portland Estates in a research note on Thursday, April 16th. Berenberg Bank decreased their price objective on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a research report on Monday, June 22nd. UBS Group restated a “sell” rating and set a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 334 target price on shares of Great Portland Estates in a report on Thursday, July 2nd.

Insider Buying and Selling

In other Great Portland Estates news, insider Dan Nicholson sold 16,037 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total value of £50,356.18. Also, insider Toby Courtauld sold 29,288 shares of the company’s stock in a transaction that occurred on 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 three months, insiders have acquired 284 shares of company stock worth $89,804. Company insiders own 1.55% of the company’s stock.

Great Portland Estates Stock Performance

GPE opened at GBX 333.20 on Wednesday. The business’s 50-day simple moving average is GBX 314.88 and its 200 day simple moving average is GBX 320.64. Great Portland Estates has a 52-week low of GBX 270 and a 52-week high of GBX 377. The company has a debt-to-equity ratio of 41.28, a quick ratio of 0.46 and a current ratio of 0.54. The firm has a market capitalization of £1.34 billion, a PE ratio of 8.75, a PEG ratio of 2.22 and a beta of 0.91.

Great Portland Estates (LON:GPE) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%.The firm had revenue of GBX 5,460 million for the quarter. As a group, sell-side analysts expect that Great Portland Estates will post 6.1719457 earnings per share for the current fiscal year.

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.