Jefferies Financial Group Reaffirms Buy Rating for Great Portland Estates (LON:GPE)

Great Portland Estates (LON:GPE)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They currently have a GBX 351 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 7.93% from the company’s current price.

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

Great Portland Estates Stock Performance

Shares of LON:GPE traded up GBX 1.60 during trading on Thursday, hitting GBX 325.20. The company’s stock had a trading volume of 591,573 shares, compared to its average volume of 3,597,707. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46. The firm has a market cap of £1.31 billion, a price-to-earnings ratio of 8.54, a P/E/G ratio of 2.22 and a beta of 0.91. The company has a 50-day moving average of GBX 323.19 and a 200-day moving average of GBX 321.19. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377.

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.