Great Portland Estates (LON:GPE) Earns Hold Rating from Stifel Nicolaus

Great Portland Estates (LON:GPE)‘s stock had its “hold” rating reissued by research analysts at Stifel Nicolaus in a report released on Wednesday,Digital Look reports. They presently have a GBX 370 price target on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 16.13% from the company’s previous close.

Other research analysts also recently issued reports about the company. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research note on Thursday, January 15th. Berenberg Bank upped their price objective on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a research note on Tuesday, January 27th. Jefferies Financial Group restated a “hold” rating and set a GBX 345 price objective on shares of Great Portland Estates in a research note on Thursday, April 9th. Finally, The Goldman Sachs Group lowered 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. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Great Portland Estates has a consensus rating of “Moderate Buy” and an average price target of GBX 400.88.

Great Portland Estates Price Performance

Shares of GPE opened at GBX 318.60 on Wednesday. The company has a market cap of £1.29 billion, a P/E ratio of 8.73, a PEG ratio of 2.22 and a beta of 0.90. The stock has a fifty day moving average price of GBX 316.01 and a 200 day moving average price of GBX 324.46. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.80 and a quick ratio of 0.46. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377.

Insider Buying and Selling at Great Portland Estates

In other news, insider Peter Duffy acquired 19,965 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was acquired at an average price of GBX 343 per share, for a total transaction of £68,479.95. Also, insider Jayne Cottam acquired 32,330 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was purchased at an average price of GBX 309 per share, with a total value of £99,899.70. In the last 90 days, insiders bought 52,410 shares of company stock valued at $16,879,510. Insiders own 1.53% of the company’s stock.

About Great Portland Estates

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.