Barclays PLC reaffirmed their overweight rating on shares of Great Portland Estates PLC (LON:GPOR) in a report released on Friday. Barclays PLC currently has a GBX 770 ($9.29) price target on the stock.
Several other analysts have also issued reports on GPOR. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 730 ($8.81) target price on shares of Great Portland Estates PLC in a report on Wednesday, December 14th. Numis Securities Ltd upped their target price on Great Portland Estates PLC from GBX 700 ($8.44) to GBX 737 ($8.89) and gave the stock an add rating in a report on Friday, January 13th. Deutsche Bank AG reiterated a sell rating on shares of Great Portland Estates PLC in a report on Monday, September 19th. HSBC upped their target price on Great Portland Estates PLC from GBX 616 ($7.43) to GBX 702 ($8.47) and gave the stock a hold rating in a report on Friday, September 30th. Finally, Jefferies Group reiterated a hold rating and set a GBX 563 ($6.79) target price on shares of Great Portland Estates PLC in a report on Friday, November 18th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of GBX 729.35 ($8.80).
Shares of Great Portland Estates PLC (LON:GPOR) opened at 620.50 on Friday. The firm’s market cap is GBX 2.12 billion. The stock’s 50 day moving average price is GBX 644.31 and its 200 day moving average price is GBX 638.28. Great Portland Estates PLC has a one year low of GBX 534.50 and a one year high of GBX 806.00.
The business also recently declared a dividend, which was paid on Tuesday, January 3rd. Investors of record on Thursday, November 24th were given a dividend of GBX 3.70 ($0.04) per share. This represents a yield of 0.59%. The ex-dividend date was Thursday, November 24th.
About Great Portland Estates PLC
Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. GPE’s properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government.