Great Portland Estates Plc (LON:GPE) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Great Portland Estates, with one sell, four hold, and four buy recommendations. The average 12-month price target is GBX 388.22, compared with a recent share price of GBX 345.20.
• Recent broker actions were mixed: Berenberg lowered its target to GBX 360, UBS maintained a sell rating with a GBX 315 target, while Shore Capital kept a buy rating and Jefferies retained a hold rating with a GBX 334 target.
• Insiders Toby Courtauld and Dan Nicholson sold shares worth roughly £142,000 combined, while insiders own 1.55% of the company. Great Portland Estates recently reported quarterly EPS of GBX 3.90 and revenue of GBX 5.46 billion.

Great Portland Estates Plc (LON:GPE - Get Free Report) has earned a consensus rating of "Hold" from the nine research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 388.22.

GPE has been the subject of a number of recent analyst reports. Berenberg Bank decreased their price target 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. UBS Group reissued a "sell" rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Shore Capital Group restated a "buy" rating on shares of Great Portland Estates in a research report on Friday, May 8th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 334 target price on shares of Great Portland Estates in a research note on Thursday, July 2nd.

Insider Buying and Selling

In other news, insider Toby Courtauld sold 29,288 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total transaction of £91,964.32. Also, insider Dan Nicholson sold 16,037 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £50,356.18. Insiders have acquired a total of 271 shares of company stock worth $90,102 over the last 90 days. Company insiders own 1.55% of the company's stock.

Great Portland Estates Trading Down 0.6%

GPE opened at GBX 345.20 on Thursday. Great Portland Estates has a twelve month low of GBX 270 and a twelve month high of GBX 377. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28. The company has a fifty day moving average of GBX 341.63 and a 200-day moving average of GBX 323.52. The stock has a market cap of £1.39 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91.

Great Portland Estates (LON:GPE - Get Free Report) last announced its earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. On average, sell-side analysts predict that Great Portland Estates will post 6.1719457 EPS for the current year.

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.

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