Great Portland Estates (OTCMKTS:GPEAF) Shares Gap Up – Here’s What Happened

Great Portland Estates PLC (OTCMKTS:GPEAF) shares gapped up prior to trading on Wednesday . The stock had previously closed at $4.2850, but opened at $4.4620. Great Portland Estates shares last traded at $4.4620, with a volume of 202 shares.

Analyst Ratings Changes

Several equities research analysts recently commented on GPEAF shares. BNP Paribas upgraded Great Portland Estates from a “hold” rating to an “outperform” rating in a report on Wednesday, September 10th. The Goldman Sachs Group cut shares of Great Portland Estates from a “buy” rating to a “hold” rating in a research report on Thursday, December 4th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Great Portland Estates has a consensus rating of “Moderate Buy”.

Great Portland Estates Price Performance

The business has a fifty day moving average of $4.42 and a 200-day moving average of $4.49.

About Great Portland Estates

Great Portland Estates plc is a London-based real estate investment trust (REIT) specialising in the acquisition, development and management of commercial property in central London. The company focuses on office space, retail premises and mixed-use residential schemes, targeting prime locations across the West End, the City and Midtown. Its core activities include asset repositioning through refurbishment and redevelopment, proactive leasing and tenant relationship management, and selective disposals to optimise portfolio value.

The firm’s investment strategy centres on identifying underutilised or outdated properties and unlocking value through strategic redevelopment.