Barclays Reiterates Buy Rating for Great Portland Estates (OTCMKTS:GPEAF)

Great Portland Estates (OTCMKTS:GPEAFGet Rating)‘s stock had its “buy” rating reissued by research analysts at Barclays in a report released on Wednesday, TipRanks reports. They presently have a $700.00 price target on the stock.

A number of other equities analysts have also weighed in on GPEAF. JPMorgan Chase & Co. raised Great Portland Estates from a “neutral” rating to an “overweight” rating in a research report on Wednesday. Berenberg Bank cut shares of Great Portland Estates from a “buy” rating to a “hold” rating in a report on Tuesday, January 11th. Finally, Zacks Investment Research cut shares of Great Portland Estates from a “hold” rating to a “sell” rating in a report on Wednesday, April 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Great Portland Estates currently has an average rating of “Hold” and an average price target of $240.77.

Shares of OTCMKTS:GPEAF remained flat at $$9.64 during midday trading on Wednesday. Great Portland Estates has a fifty-two week low of $8.00 and a fifty-two week high of $10.24. The company has a 50-day moving average of $9.15 and a two-hundred day moving average of $9.87.

About Great Portland Estates (Get Rating)

We are a FTSE 250 property investment and development company owning £2.6 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.

Further Reading

Analyst Recommendations for Great Portland Estates (OTCMKTS:GPEAF)

Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.