Great Portland Estates (OTCMKTS:GPEAF) Hits New 1-Year Low at $8.55

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Great Portland Estates Plc (OTCMKTS:GPEAF)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $8.55 and last traded at $8.55, with a volume of 0 shares changing hands. The stock had previously closed at $8.55.

Several brokerages have commented on GPEAF. Zacks Investment Research lowered shares of Great Portland Estates from a “buy” rating to a “hold” rating in a report on Friday, October 23rd. Bank of America cut shares of Great Portland Estates from a “neutral” rating to an “underperform” rating in a research report on Tuesday, October 20th. Finally, Morgan Stanley lowered shares of Great Portland Estates from an “overweight” rating to an “equal weight” rating in a report on Tuesday, January 5th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $8.75.

The business has a fifty day simple moving average of $8.10 and a 200-day simple moving average of $8.06.

About Great Portland Estates (OTCMKTS:GPEAF)

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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