Great Portland Estates’ (GPOR) “Hold” Rating Reiterated at Liberum Capital

Great Portland Estates (LON:GPOR)‘s stock had its “hold” rating restated by equities research analysts at Liberum Capital in a report released on Monday, December 18th. They currently have a GBX 660 ($8.95) price objective on the stock. Liberum Capital’s price objective points to a potential upside of 0.38% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the stock. Deutsche Bank cut shares of Great Portland Estates to a “hold” rating and dropped their price objective for the company from GBX 710 ($9.63) to GBX 620 ($8.41) in a report on Monday, September 11th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 710 ($9.63) price target on shares of Great Portland Estates in a research note on Thursday, November 16th. Credit Suisse Group upgraded shares of Great Portland Estates to an “outperform” rating and lifted their price target for the stock from GBX 630 ($8.54) to GBX 740 ($10.04) in a research note on Wednesday, December 6th. Societe Generale reiterated a “sell” rating and issued a GBX 570 ($7.73) price target on shares of Great Portland Estates in a research note on Thursday, November 16th. Finally, Jefferies Group reiterated an “underperform” rating and issued a GBX 525 ($7.12) price target on shares of Great Portland Estates in a research note on Thursday, November 16th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 667.14 ($9.05).

Shares of Great Portland Estates (GPOR) traded down GBX 11 ($0.15) on Monday, hitting GBX 657.50 ($8.92). 1,141,375 shares of the company’s stock were exchanged, compared to its average volume of 865,164. Great Portland Estates has a 1-year low of GBX 582 ($7.89) and a 1-year high of GBX 702 ($9.52).

Great Portland Estates (LON:GPOR) last announced its quarterly earnings results on Wednesday, November 15th. The company reported GBX 9.60 ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 8.30 ($0.11) by GBX 1.30 ($0.02). Great Portland Estates had a negative net margin of 118.76% and a negative return on equity of 5.49%. The business had revenue of GBX 6,540 million during the quarter.

ILLEGAL ACTIVITY WARNING: This story was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://stocknewstimes.com/2018/01/11/liberum-capital-reiterates-hold-rating-for-great-portland-estates-gpor.html.

Great Portland Estates Company Profile

Great Portland Estates plc, through its subsidiaries, operates as a real estate investment trust (REIT). It develops freehold and leasehold, residential, retail, and office properties in London. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders.

Analyst Recommendations for Great Portland Estates (LON:GPOR)

Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply