Great Portland Estates’ (GPE) Hold Rating Reiterated at Jefferies Financial Group
by Scott Moore · The Cerbat GemJefferies Financial Group restated their hold rating on shares of Great Portland Estates (LON:GPE – Free Report) in a report released on Thursday morning, Marketbeat reports. They currently have a GBX 345 price objective on the stock.
GPE has been the topic of a number of other reports. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a report on Thursday, January 15th. Berenberg Bank lifted their target price on shares of Great Portland Estates from GBX 297 to GBX 377 and gave the company a “hold” rating in a report on Tuesday, January 27th. Finally, The Goldman Sachs Group cut 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 report on Monday, March 30th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 397.83.
Check Out Our Latest Stock Report on GPE
Great Portland Estates Stock Performance
Shares of Great Portland Estates stock opened at GBX 308.23 on Thursday. The firm’s fifty day simple moving average is GBX 320.33 and its 200-day simple moving average is GBX 324.43. The stock has a market capitalization of £1.24 billion, a price-to-earnings ratio of 8.44, a PEG ratio of 2.22 and a beta of 0.90. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.80 and a quick ratio of 0.46.
Insider Buying and Selling at Great Portland Estates
In other news, insider Jayne Cottam acquired 32,330 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were bought at an average cost of GBX 309 per share, with a total value of £99,899.70. Also, insider Peter Duffy acquired 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. Insiders acquired a total of 52,410 shares of company stock worth $16,879,510 over the last three months. 1.53% of the stock is currently 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.