Great Portland Estates' (GPE) "Buy" Rating Reiterated at Shore Capital

Key Points

• Great Portland Estates' stock received a reaffirmed "buy" rating from Shore Capital, emphasizing investor confidence in the company's performance.
• The average price target for GPE shares is currently GBX 395.50, with two analysts rated as "buy" and two as "hold".
• As of Tuesday, GPE shares traded down 0.9% to GBX 323.99, with a market cap of £1.31 billion.

Great Portland Estates (LON:GPE - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at Shore Capital in a report issued on Tuesday,London Stock Exchange reports.

A number of other equities research analysts also recently issued reports on GPE. Peel Hunt restated a "buy" rating and issued a GBX 375 target price on shares of Great Portland Estates in a report on Tuesday. Jefferies Financial Group reissued a "hold" rating and set a GBX 315 price objective on shares of Great Portland Estates in a research note on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 395.50.

Great Portland Estates Trading Down 0.9%

LON:GPE traded down GBX 3.01 during mid-day trading on Tuesday, reaching GBX 323.99. The company's stock had a trading volume of 885,174 shares, compared to its average volume of 1,867,767. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The stock has a market cap of £1.31 billion, a P/E ratio of 1,076.39, a P/E/G ratio of 2.22 and a beta of 0.80. The company's fifty day simple moving average is GBX 316.35 and its two-hundred day simple moving average is GBX 322.05. Great Portland Estates has a twelve month low of GBX 260 and a twelve month high of GBX 369.

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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