Shares of Great Portland Estates PLC (LON:GPOR) have been given an average rating of “Hold” by the fourteen analysts that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 666.42 ($8.71).
Several research analysts recently commented on the stock. Berenberg Bank restated a “sell” rating and set a GBX 600 ($7.84) target price on shares of Great Portland Estates in a report on Wednesday. Numis Securities restated a “hold” rating and set a GBX 703 ($9.19) target price (down previously from GBX 745 ($9.73)) on shares of Great Portland Estates in a report on Wednesday. Peel Hunt restated a “hold” rating on shares of Great Portland Estates in a report on Wednesday. Liberum Capital restated a “hold” rating and set a GBX 705 ($9.21) target price on shares of Great Portland Estates in a report on Wednesday. Finally, Deutsche Bank upgraded shares of Great Portland Estates to a “buy” rating and increased their target price for the stock from GBX 720 ($9.41) to GBX 820 ($10.71) in a report on Wednesday, April 24th.
GPOR remained flat at $GBX 728.20 ($9.52) during trading hours on Monday. 993,264 shares of the company traded hands, compared to its average volume of 972,322. Great Portland Estates has a fifty-two week low of GBX 647.40 ($8.46) and a fifty-two week high of GBX 777.60 ($10.16). The firm has a market capitalization of $1.97 billion and a PE ratio of 32.95. The company has a debt-to-equity ratio of 14.14, a current ratio of 2.89 and a quick ratio of 2.61.
The firm also recently announced a dividend, which will be paid on Monday, July 8th. Investors of record on Thursday, May 30th will be issued a dividend of GBX 7.90 ($0.10) per share. This is a boost from Great Portland Estates’s previous dividend of $4.30. The ex-dividend date of this dividend is Thursday, May 30th. This represents a yield of 1.03%. Great Portland Estates’s dividend payout ratio is presently 0.54%.
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.
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