Great Portland Estates Plc (OTCMKTS:GPEAF) Receives Consensus Recommendation of “Reduce” from Analysts

Great Portland Estates Plc (OTCMKTS:GPEAFGet Free Report) has been given a consensus recommendation of “Reduce” by the six ratings firms that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $520.00.

Several equities analysts recently commented on GPEAF shares. JPMorgan Chase & Co. increased their target price on Great Portland Estates from GBX 600 ($7.56) to GBX 625 ($7.88) in a report on Thursday, June 8th. Peel Hunt upgraded Great Portland Estates to a “buy” rating in a report on Tuesday, June 20th. The Goldman Sachs Group cut Great Portland Estates from a “neutral” rating to a “sell” rating in a research note on Monday, June 12th. HSBC lowered shares of Great Portland Estates from a “buy” rating to a “hold” rating in a research note on Monday, July 10th. Finally, Barclays reduced their price objective on shares of Great Portland Estates from GBX 520 ($6.55) to GBX 442 ($5.57) in a research report on Monday, July 17th.

Check Out Our Latest Stock Analysis on GPEAF

Great Portland Estates Price Performance

Shares of OTCMKTS:GPEAF opened at $4.99 on Tuesday. Great Portland Estates has a 52 week low of $4.42 and a 52 week high of $6.98. The company’s 50 day moving average is $5.20 and its two-hundred day moving average is $5.77.

Great Portland Estates Company Profile

(Get Free Report

We are a FTSE 250 property investment and development company owning £2.5 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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Analyst Recommendations for Great Portland Estates (OTCMKTS:GPEAF)

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