Great Portland Estates Plc (LON: GPOR) has been given an average “Hold” recommendation by nine ratings firms covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among analysts who issued ratings for the stock in the past year is GBX 715.57 ($9.76).
GPOR has been the subject of several recent research reports. Liberum Capital reaffirmed its “pending” rating on shares of Great Portland Estates in a research report on Monday, December 6th. Berenberg downgraded Great Portland Estates to “Hold” and set a GBX 750 ($10.23) target price for the stock. In a research report on Monday, January 10th. Morgan Stanley reiterated the “equal” assessment of Great Portland Estates shares in a report released on Monday, November 15th. Finally, Barclays increased its price target in Great Portland Estates from GBX 640 ($8.73) to GBX 700 ($9.55) and gave the stock an “underweight” rating in a report on Thursday, December 9th.
Shares of Great Portland Estates opened at GBX 760.50 ($10.38) on Friday. The company has a trading ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 24.29. The company has a market capitalization of £1.93 billion and a PE ratio of 128.90. The 50-day moving average of the business is GBX 735.42 and the 200-day moving average is GBX 749.62. Great Portland Estates has a 12-month low of GBX 607 ($8.28) and a 12-month high of GBX 810.50 ($11.06).
The company also recently announced a dividend that was paid on Wednesday, January 5th. On Thursday, December 2nd, shareholders of record were issued a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 0.62%. The dividend payout date was Thursday, December 2nd. Great Portland Estates has a payout ratio of 2.14%.
About Great Portland Estates
We are a FTSE 250 real estate investment and development company with £2.6 billion of property in central London. We proactively manage our portfolio, and review our activities in line with the London real estate cycle to deliver long-term external performance. We create bespoke spaces that people want to be a part of; Helping occupiers, communities and the city thrive.
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