Great Portland Estates (LON:GPE) Rating Reiterated by Barclays

Great Portland Estates (LON:GPEGet Rating)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays in a report released on Monday, Marketbeat Ratings reports. They currently have a GBX 700 ($8.74) target price on the stock. Barclays‘s price target suggests a potential upside of 7.44% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada reissued an “underperform” rating and issued a GBX 625 ($7.81) price target on shares of Great Portland Estates in a research note on Tuesday, April 12th. JPMorgan Chase & Co. raised shares of Great Portland Estates to an “overweight” rating and increased their price target for the stock from GBX 780 ($9.74) to GBX 900 ($11.24) in a research note on Wednesday, April 13th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Great Portland Estates in a research note on Monday, March 14th.

GPE stock opened at GBX 651.50 ($8.14) on Monday. Great Portland Estates has a 1 year low of GBX 608 ($7.60) and a 1 year high of GBX 748 ($9.34). The company has a market capitalization of £1.65 billion and a P/E ratio of 110.42. The business has a 50-day moving average of GBX 699.02. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 24.29.

Great Portland Estates Company Profile (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.

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