Great Portland Estates (LON:GPE) Receives “Hold” Rating from Jefferies Financial Group

Great Portland Estates (LON:GPE)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 323 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 4.26% from the company’s previous close.

Several other research analysts have also recently issued reports on GPE. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 370 price objective on shares of Great Portland Estates in a research report on Wednesday, April 15th. Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 450 target price on shares of Great Portland Estates in a research note on Thursday, April 16th. Berenberg Bank restated a “hold” rating and set a GBX 377 target price on shares of Great Portland Estates in a research note on Thursday. Finally, UBS Group reaffirmed a “sell” rating and issued a GBX 315 price target on shares of Great Portland Estates in a report on Monday. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 388.89.

Great Portland Estates Stock Performance

Shares of GPE stock opened at GBX 309.80 on Thursday. The company has a market cap of £1.25 billion, a P/E ratio of 8.49, a PEG ratio of 2.22 and a beta of 0.92. The firm has a fifty day moving average price of GBX 303.57 and a 200 day moving average price of GBX 320.95. The company has a current ratio of 1.80, a quick ratio of 0.46 and a debt-to-equity ratio of 53.27. Great Portland Estates has a 12 month low of GBX 270 and a 12 month high of GBX 377.

Insider Activity

In other news, insider Jayne Cottam acquired 32,330 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were bought at an average price of GBX 309 per share, with a total value of £99,899.70. Also, insider Peter Duffy bought 19,965 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were purchased at an average price of GBX 343 per share, for a total transaction of £68,479.95. In the last ninety days, insiders have acquired 52,428 shares of company stock worth $16,879,622. Corporate 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.