Great Portland Est (OTCMKTS:GPEAF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.
According to Zacks, “Great Portland Estates PLC provides property investment and development services. It operating business models includes Asset management, Investment management, Development management and Financial management. Asset management produces tailor made solutions to drive rental growth and minimize voids. Investment management buys and sells at the right point of portfolio returns. Development management upgrades their portfolio with targeted capital expenditure improves its tenant appeal, enhancing rental values and capital returns. Financial management provides security in its cyclical markets and firepower to buy when opportunities arise. Great Portland Estates PLC is headquartered in London, the United Kingdom. “
OTCMKTS:GPEAF opened at $9.26 on Friday. Great Portland Est has a one year low of $8.25 and a one year high of $9.26. The stock has a market cap of $2,613.84, a P/E ratio of 34.30 and a beta of 0.33.
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