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Great Portland Estates (LON:GPE) Trading Down 0.2% - Here's What Happened

Great Portland Estates logo with Real Estate background

Key Points

  • Great Portland Estates' shares fell by 0.2% to GBX 307.37 ($4.15), with trading volume increasing by 62% compared to the average session.
  • Analyst ratings are mixed with two analysts
  • The company has a market capitalization of £1.23 billion and a P/E ratio of 3.06, indicating it is considered undervalued.
  • Five stocks to consider instead of Great Portland Estates.

Great Portland Estates Plc (LON:GPE - Get Free Report)'s share price fell 0.2% on Thursday . The stock traded as low as GBX 304.50 ($4.11) and last traded at GBX 307.37 ($4.15). 2,961,484 shares traded hands during trading, an increase of 62% from the average session volume of 1,826,473 shares. The stock had previously closed at GBX 308 ($4.16).

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Jefferies Financial Group restated a "hold" rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research report on Thursday, August 7th. Shore Capital restated a "buy" rating on shares of Great Portland Estates in a research report on Thursday, July 3rd. Finally, Peel Hunt restated a "buy" rating and set a GBX 375 price objective on shares of Great Portland Estates in a research report on Thursday, July 3rd. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 357.33.

Read Our Latest Research Report on GPE

Great Portland Estates Price Performance

The stock's 50 day moving average price is GBX 336.41 and its two-hundred day moving average price is GBX 317.08. The stock has a market cap of £1.23 billion, a price-to-earnings ratio of 1,014.95, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52.

About Great Portland Estates

(Get Free Report)

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.

Further Reading

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