Shares of Great Portland Estates Plc (OTCMKTS:GPEAF – Get Rating) have earned an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $560.00.
Several research firms recently issued reports on GPEAF. The Goldman Sachs Group upgraded Great Portland Estates from a “neutral” rating to a “buy” rating in a report on Wednesday, December 14th. Barclays lowered Great Portland Estates from an “overweight” rating to an “underweight” rating and set a $520.00 target price on the stock. in a research note on Thursday, November 24th. JPMorgan Chase & Co. cut their target price on Great Portland Estates from GBX 620 ($7.56) to GBX 600 ($7.31) in a research note on Friday, December 9th. Finally, Peel Hunt raised Great Portland Estates to a “reduce” rating in a research note on Monday, January 9th.
Great Portland Estates Stock Performance
Great Portland Estates stock opened at $6.74 on Friday. The business’s 50-day simple moving average is $6.75 and its 200 day simple moving average is $6.04. Great Portland Estates has a 12-month low of $4.42 and a 12-month high of $9.64.
About Great Portland Estates
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.
Further Reading
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