Great Portland Estates (LON:GPE) Earns Buy Rating from Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They presently have a GBX 351 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 8.47% from the stock’s previous close.

Separately, Berenberg Bank decreased their price objective on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a report on Monday, June 22nd. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 375.12.

Great Portland Estates Stock Up 1.3%

LON GPE traded up GBX 4 on Thursday, hitting GBX 323.60. The stock had a trading volume of 56,859,984 shares, compared to its average volume of 3,886,236. The business’s fifty day moving average price is GBX 324.51 and its 200 day moving average price is GBX 320.82. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46. Great Portland Estates has a 52-week low of GBX 270 and a 52-week high of GBX 377. The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 8.49, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91.

About Great Portland Estates

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.