Great Portland Estates (LON:GPE) Given Buy Rating at Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 351 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 8.53% from the company’s previous close.

Separately, Berenberg Bank decreased their price objective on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research note on Monday, June 22nd. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 375.12.

Great Portland Estates Stock Performance

GPE traded up GBX 3.80 on Thursday, hitting GBX 323.40. The company’s stock had a trading volume of 1,605,140 shares, compared to its average volume of 3,609,962. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377. The firm has a market cap of £1.30 billion, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28. The company’s 50 day simple moving average is GBX 324.51 and its 200-day simple moving average is GBX 320.82.

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.