Great Portland Estates’ (GPE) “Buy” Rating Reiterated at Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Financial Group in a report released on Thursday, Digital Look reports. They currently have a GBX 351 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 8.20% from the stock’s current price.

Separately, Berenberg Bank reduced their target price 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Great Portland Estates currently has a consensus rating of “Hold” and an average target price of GBX 375.12.

Great Portland Estates Stock Performance

GPE opened at GBX 324.40 on Thursday. The company has a market cap of £1.31 billion, a PE ratio of 8.51, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The stock has a 50-day moving average of GBX 323.84 and a 200-day moving average of GBX 321.17. Great Portland Estates has a 52-week low of GBX 270 and a 52-week high of GBX 377. The company has a debt-to-equity ratio of 41.28, a quick ratio of 0.46 and a current ratio of 0.54.

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.