Great Portland Estates (OTCMKTS:GPEAF) Shares Gap Down – Here’s What Happened

Great Portland Estates PLC (OTCMKTS:GPEAFGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $4.65, but opened at $4.2850. Great Portland Estates shares last traded at $4.2850, with a volume of 117 shares.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GPEAF. The Goldman Sachs Group cut shares of Great Portland Estates from a “buy” rating to a “hold” rating in a research note on Thursday. BNP Paribas upgraded Great Portland Estates from a “hold” rating to an “outperform” rating in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Great Portland Estates has an average rating of “Moderate Buy”.

Read Our Latest Report on GPEAF

Great Portland Estates Stock Performance

The company’s 50-day moving average price is $4.41 and its two-hundred day moving average price is $4.56.

Great Portland Estates Company Profile

(Get Free Report)

We are a FTSE 250 property investment and development company owning £2.5 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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