Great Portland Estates’ (GPE) Hold Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of Great Portland Estates (LON:GPE) in a report issued on Thursday morning,London Stock Exchange reports. Jefferies Financial Group currently has a GBX 345 target price on the stock.

A number of other research firms have also commented on GPE. Berenberg Bank raised their price target on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a report on Tuesday, January 27th. The Goldman Sachs Group dropped their price objective on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research note on Monday, March 30th. Finally, Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a research note on Thursday, January 15th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 397.83.

Great Portland Estates Price Performance

Great Portland Estates stock opened at GBX 305.60 on Thursday. Great Portland Estates has a one year low of GBX 270 and a one year high of GBX 377. The business has a fifty day moving average price of GBX 321.65 and a 200-day moving average price of GBX 324.34. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.80 and a quick ratio of 0.46. The firm has a market capitalization of £1.23 billion, a P/E ratio of 8.37, a PEG ratio of 2.22 and a beta of 0.82.

Insider Activity

In other news, insider Jayne Cottam purchased 32,330 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was purchased at an average price of GBX 309 per share, with a total value of £99,899.70. Also, insider Peter Duffy purchased 19,965 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average cost of GBX 343 per share, with a total value of £68,479.95. In the last ninety days, insiders have acquired 52,410 shares of company stock valued at $16,879,510. Corporate insiders own 1.53% of the company’s stock.

Great Portland Estates Company Profile

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.