Great Portland Estates' (GPE) Buy Rating Reiterated at Peel Hunt

Key Points

• Great Portland Estates' stock received a reiterated "buy" rating from Peel Hunt, with a target price of GBX 375, indicating a potential upside of 15.38%.
• The current consensus rating for Great Portland Estates is "Moderate Buy" with a target price of GBX 395.50, reflecting analyst confidence.
• Despite the positive ratings, the company's stock has recently dipped 0.6% to GBX 325, with a trading volume significantly below its average.

Great Portland Estates (LON:GPE - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday,Digital Look reports. They presently have a GBX 375 target price on the stock. Peel Hunt's target price would suggest a potential upside of 15.38% from the company's current price.

Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group restated a "hold" rating and set a GBX 315 price objective on shares of Great Portland Estates in a research note on Thursday, August 7th. Shore Capital reissued a "buy" rating and issued a GBX 510 price target on shares of Great Portland Estates in a report on Friday, September 5th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 395.50.

Great Portland Estates Stock Down 0.6%

Shares of Great Portland Estates stock traded down GBX 2 during trading on Tuesday, reaching GBX 325. The company had a trading volume of 464,793 shares, compared to its average volume of 1,865,600. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. Great Portland Estates has a fifty-two week low of GBX 260 and a fifty-two week high of GBX 369. The firm's fifty day moving average is GBX 316.35 and its 200-day moving average is GBX 322.05. The company has a market cap of £1.31 billion, a price-to-earnings ratio of 1,079.73, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

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.

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