Great Portland Estates Plc (LON:GPE) Receives Consensus Recommendation of “Hold” from Analysts

Great Portland Estates Plc (LON:GPE) has been assigned an average recommendation of “Hold” from the nine analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation 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 388.89.

Several analysts recently issued reports on GPE shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 323 price objective on shares of Great Portland Estates in a research note on Thursday, May 21st. UBS Group reaffirmed a “sell” rating and set a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 377 price objective on shares of Great Portland Estates in a research note on Thursday, May 21st. 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 for the company in a research note on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a research note on Thursday, April 16th.

Great Portland Estates Price Performance

Shares of Great Portland Estates stock opened at GBX 313 on Tuesday. The business has a 50 day simple moving average of GBX 303.57 and a two-hundred day simple moving average of GBX 320.42. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377. The stock has a market capitalization of £1.26 billion, a P/E ratio of 8.58, a PEG ratio of 2.22 and a beta of 0.92.

Great Portland Estates (LON:GPE) last announced its earnings results on Friday, May 22nd. The company reported GBX 8.60 EPS for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%.The business had revenue of £117.90 million during the quarter. As a group, research analysts anticipate that Great Portland Estates will post 6.1719457 EPS for the current fiscal year.

Insider Activity

In other Great Portland Estates news, insider Jayne Cottam acquired 32,330 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was bought at an average price of GBX 309 per share, with a total value of £99,899.70. Also, insider Peter Duffy acquired 19,965 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were acquired at an average cost of GBX 343 per share, with a total value of £68,479.95. In the last ninety days, insiders have purchased 52,428 shares of company stock valued at $16,879,622. 1.53% of the stock is owned by corporate insiders.

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.