Great Portland Estates (LON:GPE) Receives Sell Rating from UBS Group

Great Portland Estates (LON:GPE)‘s stock had its “sell” rating reissued by equities research analysts at UBS Group in a report issued on Monday,Digital Look reports. They presently have a GBX 315 target price on the stock. UBS Group’s price objective points to a potential upside of 4.87% from the stock’s previous close.

A number of other research analysts also recently commented on the company. Jefferies Financial Group restated a “hold” rating and issued a GBX 345 target price on shares of Great Portland Estates in a research note on Thursday, April 9th. The Goldman Sachs Group cut their price target on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research note on Monday, March 30th. Berenberg Bank lifted their price target on Great Portland Estates from GBX 297 to GBX 377 and gave the company a “hold” rating in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 450 price target on shares of Great Portland Estates in a research note on Thursday, April 16th. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 391.33.

Great Portland Estates Trading Up 1.3%

LON GPE opened at GBX 300.36 on Monday. Great Portland Estates has a 1-year low of GBX 270 and a 1-year high of GBX 377. The company has a current ratio of 1.80, a quick ratio of 0.46 and a debt-to-equity ratio of 53.27. The company has a market capitalization of £1.21 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92. The firm’s fifty day simple moving average is GBX 305.17 and its 200-day simple moving average is GBX 321.79.

Insider Buying and Selling at Great Portland Estates

In related news, insider Jayne Cottam purchased 32,330 shares of Great Portland Estates stock in a transaction on Tuesday, March 17th. The stock was bought at an average price of GBX 309 per share, with a total value of £99,899.70. Also, insider Peter Duffy purchased 19,965 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were bought at an average price of GBX 343 per share, with a total value of £68,479.95. Insiders have acquired 52,428 shares of company stock worth $16,879,622 over the last three months. Company insiders own 1.53% of the company’s stock.

About Great Portland Estates

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.