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

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

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

Great Portland Estates Stock Performance

Shares of Great Portland Estates stock opened at GBX 345.20 on Thursday. Great Portland Estates has a one year low of GBX 270 and a one year high of GBX 377. The firm has a market capitalization of £1.39 billion, a price-to-earnings ratio of 9.06, a PEG ratio of 2.22 and a beta of 0.91. The business has a 50-day simple moving average of GBX 341.63 and a 200 day simple moving average of GBX 323.52. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

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. The business had revenue of GBX 5,460 million for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%. On average, research analysts anticipate that Great Portland Estates will post 6.1719457 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Toby Courtauld sold 29,288 shares of Great Portland Estates stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total transaction of £91,964.32. Also, insider Dan Nicholson sold 16,037 shares of Great Portland Estates stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total transaction of £50,356.18. Insiders acquired 271 shares of company stock worth $90,102 over the last ninety days. Insiders own 1.55% 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.