Great Portland Estates’ (GPE) “Hold” Rating Reiterated at Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a research note issued on Thursday,Digital Look reports. They presently have a GBX 323 price objective on the stock. Jefferies Financial Group’s price target indicates a potential upside of 4.26% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 370 price objective on shares of Great Portland Estates in a research note on Wednesday, April 15th. The Goldman Sachs Group lowered their target price on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 450 target price on shares of Great Portland Estates in a report on Thursday, April 16th. Berenberg Bank reiterated a “hold” rating and set a GBX 377 price target on shares of Great Portland Estates in a research report on Thursday. Finally, UBS Group reissued a “sell” rating and set a GBX 315 price target on shares of Great Portland Estates in a research note on Monday. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 388.89.

Great Portland Estates Price Performance

Great Portland Estates stock opened at GBX 309.80 on Thursday. The company has a market cap of £1.25 billion, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92. Great Portland Estates has a one year low of GBX 270 and a one year high of GBX 377. The business has a fifty day moving average of GBX 303.57 and a two-hundred day moving average of GBX 320.95. The company has a debt-to-equity ratio of 53.27, a quick ratio of 0.46 and a current ratio of 1.80.

Insider Activity

In other Great Portland Estates news, insider Peter Duffy bought 19,965 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was purchased at an average cost of GBX 343 per share, for a total transaction of £68,479.95. Also, insider Jayne Cottam bought 32,330 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were acquired at an average price of GBX 309 per share, with a total value of £99,899.70. Insiders purchased a total of 52,428 shares of company stock worth $16,879,622 over the last quarter. Insiders own 1.53% of the company’s stock.

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.