Great Portland Estates (OTCMKTS:GPEAF) Shares Gap Down – Time to Sell?
by Amy Steele · The Cerbat GemGreat Portland Estates PLC (OTCMKTS:GPEAF – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $4.4620, but opened at $4.2250. Great Portland Estates shares last traded at $4.2250, with a volume of 175 shares.
Wall Street Analyst Weigh In
GPEAF has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered Great Portland Estates from a “buy” rating to a “hold” rating in a research note on Thursday, December 4th. BNP Paribas upgraded Great Portland Estates from a “hold” rating to an “outperform” rating in a research note on Wednesday, September 10th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on GPEAF
Great Portland Estates Stock Down 5.3%
The business’s fifty day moving average is $4.42 and its two-hundred day moving average is $4.48.
About Great Portland Estates
Great Portland Estates plc is a London-based real estate investment trust (REIT) specialising in the acquisition, development and management of commercial property in central London. The company focuses on office space, retail premises and mixed-use residential schemes, targeting prime locations across the West End, the City and Midtown. Its core activities include asset repositioning through refurbishment and redevelopment, proactive leasing and tenant relationship management, and selective disposals to optimise portfolio value.
The firm’s investment strategy centres on identifying underutilised or outdated properties and unlocking value through strategic redevelopment.