Great Portland Estates (LON:GPE) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

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

Separately, Berenberg Bank decreased 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 equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Great Portland Estates currently has a consensus rating of “Hold” and an average target price of GBX 375.12.

Great Portland Estates Price Performance

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

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.