Great Portland Estates Plc (OTCMKTS:GPEAF) Receives $355.15 Consensus Price Target from Analysts

Shares of Great Portland Estates Plc (OTCMKTS:GPEAF – Get Rating) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $355.15.

Several analysts have recently commented on the company. JPMorgan Chase & Co. upgraded Great Portland Estates from a “neutral” rating to an “overweight” rating in a report on Wednesday, April 13th. Barclays reiterated a “buy” rating and issued a $700.00 price target on shares of Great Portland Estates in a research note on Wednesday, April 13th.

Shares of GPEAF opened at $8.00 on Thursday. The company has a 50 day moving average of $8.70 and a two-hundred day moving average of $9.31. Great Portland Estates has a twelve month low of $8.00 and a twelve month high of $10.24.

About Great Portland Estates (Get Rating)

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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