Jefferies Financial Group Reiterates “Hold” Rating for Great Portland Estates (LON:GPE)

Great Portland Estates (LON:GPE)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 334 target price on the stock. Jefferies Financial Group’s price target points to a potential downside of 0.36% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Shore Capital Group reiterated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Berenberg Bank reduced their target price on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research report on Monday, June 22nd. UBS Group reaffirmed a “sell” rating and set a GBX 315 price target on shares of Great Portland Estates in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 450 price target on shares of Great Portland Estates in a report on Thursday, April 16th. Finally, The Goldman Sachs Group dropped their price objective on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 388.22.

Great Portland Estates Stock Performance

Shares of Great Portland Estates stock opened at GBX 335.20 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28. The stock’s fifty day moving average is GBX 313.52 and its two-hundred day moving average is GBX 319.77. Great Portland Estates has a 52 week low of GBX 270 and a 52 week high of GBX 377. The company has a market capitalization of £1.35 billion, a PE ratio of 8.80, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91.

Great Portland Estates (LON:GPE) last released its earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%. As a group, analysts expect that Great Portland Estates will post 6.1719457 earnings per share for the current year.

Insider Activity

In other Great Portland Estates news, insider Dan Nicholson sold 16,037 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total transaction of £50,356.18. Also, insider Toby Courtauld sold 29,288 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 314, for a total transaction of £91,964.32. Over the last quarter, insiders have acquired 284 shares of company stock worth $89,804. 1.54% of the stock is owned by company insiders.

Great Portland Estates Company Profile

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.