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

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

Several research analysts have issued reports on GPE shares. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 370 price objective on shares of Great Portland Estates in a research report on Wednesday, April 15th. Jefferies Financial Group reissued a “hold” rating and set a GBX 334 price objective on shares of Great Portland Estates in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 450 price target on shares of Great Portland Estates in a research note on Thursday, April 16th. Finally, The Goldman Sachs Group cut 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.

Insider Buying and Selling at Great Portland Estates

In other Great Portland Estates news, insider Toby Courtauld sold 29,288 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was 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 the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total value of £50,356.18. Insiders have acquired a total of 284 shares of company stock valued at $89,804 in the last quarter. Corporate insiders own 1.55% of the company’s stock.

Great Portland Estates Stock Up 1.0%

Shares of GPE opened at GBX 338.60 on Wednesday. The business’s 50 day simple moving average is GBX 317.37 and its 200-day simple moving average is GBX 321.47. 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 has a one year low of GBX 270 and a one year high of GBX 377. The company has a market capitalization of £1.37 billion, a P/E ratio of 8.89, a PEG ratio of 2.22 and a beta of 0.91.

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