Great Portland Estates’ (GPE) Sell Rating Reiterated at UBS Group

Great Portland Estates (LON:GPE)‘s stock had its “sell” rating reaffirmed by investment analysts at UBS Group in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 315 target price on the stock. UBS Group’s price target would suggest a potential upside of 4.87% from the stock’s previous close.

Several other research firms have also recently weighed in on GPE. Berenberg Bank boosted their price objective on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a research report on Tuesday, January 27th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 345 target price on shares of Great Portland Estates in a report on Thursday, April 9th. The Goldman Sachs Group dropped their price target on 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 reissued a “buy” rating and issued a GBX 450 price objective on shares of Great Portland Estates in a research report on Thursday, April 16th. Finally, Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 391.33.

Great Portland Estates Stock Up 1.3%

GPE stock opened at GBX 300.36 on Monday. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.80 and a quick ratio of 0.46. Great Portland Estates has a 52-week low of GBX 270 and a 52-week high of GBX 377. The company has a 50-day moving average of GBX 305.17 and a two-hundred day moving average of GBX 321.79. The stock has a market capitalization of £1.21 billion, a price-to-earnings ratio of 8.23, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92.

Insider Activity at Great Portland Estates

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

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.