Great Portland Estates (LON:GPE) Given “Hold” Rating at Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “hold” rating restated by investment analysts at Jefferies Financial Group in a research note issued to investors on Thursday,Digital Look reports. They currently have a GBX 334 price objective on the stock. Jefferies Financial Group’s price target indicates a potential downside of 0.36% from the stock’s current price.

A number of other research analysts also recently issued reports on GPE. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. Stifel Nicolaus reissued a “hold” rating and set a GBX 370 target price on shares of Great Portland Estates in a research report on Wednesday, April 15th. Berenberg Bank lowered their target price on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a research note on Monday, June 22nd. The Goldman Sachs Group cut their price target on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a report on Monday, March 30th. Finally, UBS Group reaffirmed a “sell” rating and set a GBX 315 price target on shares of Great Portland Estates in a research report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 388.22.

Great Portland Estates Price Performance

Shares of GPE stock opened at GBX 335.20 on Thursday. The stock’s 50-day moving average is GBX 313.52 and its 200 day moving average is GBX 319.77. Great Portland Estates has a 1-year low of GBX 270 and a 1-year high of GBX 377. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46. The company has a market cap of £1.35 billion, a P/E ratio of 8.80, a PEG ratio of 2.22 and a beta of 0.91.

Great Portland Estates (LON:GPE) last announced its earnings results on Thursday, June 25th. The company reported GBX 3.90 EPS for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. Research analysts predict that Great Portland Estates will post 6.1719457 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Toby Courtauld sold 29,288 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total value of £91,964.32. Also, insider Dan Nicholson sold 16,037 shares of Great Portland Estates stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £50,356.18. In the last 90 days, insiders have bought 284 shares of company stock worth $89,804. Corporate insiders own 1.54% 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.