Great Portland Estates' (GPE) "Hold" Rating Reaffirmed at Jefferies Financial Group

Key Points

• Great Portland Estates' stock maintains a "hold" rating from Jefferies Financial Group, with a target price of GBX 315, indicating a potential downside of 6.67%.
• Insider activity shows that company executives have sold a combined total of 35,994 shares recently, potentially indicating a lack of confidence in the stock's short-term prospects.
• The stock's market capitalization stands at £1.35 billion with a recent price-to-earnings ratio of 3.36 and significant fluctuations in its twelve-month price range from GBX 260 to GBX 371.50.

Great Portland Estates (LON:GPE - Get Free Report)'s stock had its "hold" rating restated by stock analysts at Jefferies Financial Group in a research report issued on Thursday, MarketBeat reports. They presently have a GBX 315 ($4.21) target price on the stock. Jefferies Financial Group's target price points to a potential downside of 6.67% from the company's current price.

Several other research analysts have also commented on GPE. Shore Capital reissued a "buy" rating on shares of Great Portland Estates in a research report on Thursday, July 3rd. Peel Hunt reaffirmed a "buy" rating and set a GBX 375 ($5.01) target price on shares of Great Portland Estates in a research report on Thursday, July 3rd.

Great Portland Estates Price Performance

Shares of GPE stock opened at GBX 337.50 ($4.51) on Thursday. The stock has a market capitalization of £1.35 billion, a price-to-earnings ratio of 3.36, a P/E/G ratio of 2.22 and a beta of 0.80. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. Great Portland Estates has a twelve month low of GBX 260 ($3.47) and a twelve month high of GBX 371.50 ($4.96). The stock has a fifty day simple moving average of GBX 343.34 and a two-hundred day simple moving average of GBX 312.05.

Great Portland Estates (LON:GPE - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The company reported GBX 5.30 ($0.07) EPS for the quarter. Great Portland Estates had a return on equity of 15.50% and a net margin of 172.83%. On average, analysts predict that Great Portland Estates will post 6.1719457 EPS for the current fiscal year.

Insider Activity at Great Portland Estates

In related news, insider Toby Courtauld sold 18,510 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of GBX 327 ($4.37), for a total transaction of £60,527.70 ($80,854.53). Also, insider Dan Nicholson sold 4,749 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of GBX 327 ($4.37), for a total value of £15,529.23 ($20,744.36). In the last ninety days, insiders have acquired 389 shares of company stock valued at $134,680 and have sold 35,994 shares valued at $11,770,038. 1.43% of the stock is currently owned by corporate insiders.

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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