Great Portland Estates (LON:GPOR)‘s stock had its “hold” rating reissued by Liberum Capital in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently issued reports on GPOR. Morgan Stanley lifted their price objective on shares of Great Portland Estates from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the company an “underweight” rating in a report on Wednesday, February 13th. Numis Securities reiterated a “hold” rating on shares of Great Portland Estates in a report on Thursday, May 16th. Berenberg Bank reiterated a “sell” rating and issued a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a report on Tuesday, April 2nd. Peel Hunt reiterated a “hold” rating on shares of Great Portland Estates in a report on Tuesday, May 14th. Finally, Royal Bank of Canada initiated coverage on shares of Great Portland Estates in a report on Thursday, March 28th. They issued an “underperform” rating and a GBX 525 ($6.86) price objective on the stock. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. Great Portland Estates currently has an average rating of “Hold” and a consensus target price of GBX 670.58 ($8.76).
LON GPOR opened at GBX 766.20 ($10.01) on Wednesday. The company has a debt-to-equity ratio of 14.14, a quick ratio of 2.61 and a current ratio of 2.89. Great Portland Estates has a 12-month low of GBX 647.40 ($8.46) and a 12-month high of GBX 777.60 ($10.16). The company has a market capitalization of $2.06 billion and a PE ratio of 34.67.
We are a FTSE 250 property investment and development company owning £2.6 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
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