Several other analysts have also recently weighed in on the company. Peel Hunt reissued a hold rating on shares of Great Portland Estates in a report on Thursday, March 7th. Goldman Sachs Group dropped their price objective on Great Portland Estates from GBX 633 ($8.27) to GBX 616 ($8.05) and set a neutral rating for the company in a report on Monday, February 25th. Morgan Stanley boosted their price objective on Great Portland Estates from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the stock an underweight rating in a report on Wednesday, February 13th. Berenberg Bank began coverage on Great Portland Estates in a research note on Wednesday, February 13th. They issued a sell rating and a GBX 600 ($7.84) price target for the company. Finally, Citigroup cut Great Portland Estates to a sell rating and lowered their price target for the company from GBX 691 ($9.03) to GBX 592 ($7.74) in a research note on Friday, January 25th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 676.83 ($8.84).
Shares of LON:GPOR opened at GBX 768.20 ($10.04) on Tuesday. The stock has a market cap of $2.08 billion and a price-to-earnings ratio of 34.76. Great Portland Estates has a 1-year low of GBX 647.40 ($8.46) and a 1-year high of GBX 801.56 ($10.47). The company has a debt-to-equity ratio of 14.14, a current ratio of 2.89 and a quick ratio of 2.61.
Great Portland Estates Company Profile
We are a FTSE 250 property investment and development company owning £2.6 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
Read More: Return on Equity (ROE)
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