Great Portland Estates (LON:GPE) Stock Keeps “Buy” Rating at Jefferies Financial Group

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

Separately, Berenberg Bank cut 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 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 stock. Based on data from MarketBeat, Great Portland Estates has a consensus rating of “Hold” and a consensus price target of GBX 375.12.

Great Portland Estates Price Performance

Shares of GPE stock traded up GBX 4 during mid-day trading on Thursday, hitting GBX 323.60. 56,859,984 shares of the stock traded hands, compared to its average volume of 3,886,236. Great Portland Estates has a twelve month low of GBX 270 and a twelve month high of GBX 377. The firm 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. The company’s 50-day simple moving average is GBX 324.51 and its 200-day simple moving average is GBX 320.82. 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.