Shares of Great Portland Estates PLC (LON:GPOR) reached a new 52-week high on Thursday . The company traded as high as GBX 954.20 ($12.55) and last traded at GBX 948.80 ($12.48), with a volume of 24968 shares. The stock had previously closed at GBX 946.40 ($12.45).
Several analysts have recently commented on GPOR shares. Goldman Sachs Group increased their price objective on Great Portland Estates from GBX 727 ($9.56) to GBX 846 ($11.13) and gave the stock a “neutral” rating in a research note on Friday, January 17th. Bank of America raised Great Portland Estates to a “buy” rating and increased their price objective for the stock from GBX 820 ($10.79) to GBX 960 ($12.63) in a research note on Wednesday, January 15th. Numis Securities raised Great Portland Estates to an “add” rating in a research note on Wednesday, February 5th. Morgan Stanley raised Great Portland Estates to an “overweight” rating and increased their price objective for the stock from GBX 750 ($9.87) to GBX 870 ($11.44) in a research note on Thursday, November 28th. Finally, Deutsche Bank downgraded Great Portland Estates to a “hold” rating and lowered their price objective for the stock from GBX 890 ($11.71) to GBX 850 ($11.18) in a research note on Wednesday, December 18th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 813.44 ($10.70).
The company has a market capitalization of $2.45 billion and a P/E ratio of 43.09. The company has a debt-to-equity ratio of 16.98, a current ratio of 0.49 and a quick ratio of 0.46. The firm has a fifty day moving average price of GBX 907.14 and a 200-day moving average price of GBX 792.33.
About Great Portland Estates (LON:GPOR)
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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