Great Portland Estates PLC (GPOR) Receives Consensus Recommendation of “Hold” from Analysts

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Great Portland Estates PLC (LON:GPOR) has been given an average recommendation of “Hold” by the fourteen analysts that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating and ten have issued a hold rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 668.30 ($8.73).

Several equities analysts have recently issued reports on the company. Peel Hunt reaffirmed a “hold” rating and issued a GBX 715 ($9.34) target price (up from GBX 675 ($8.82)) on shares of Great Portland Estates in a report on Thursday, November 15th. Liberum Capital reaffirmed a “hold” rating on shares of Great Portland Estates in a report on Thursday, November 15th. HSBC upped their target price on Great Portland Estates from GBX 614 ($8.02) to GBX 671 ($8.77) and gave the company a “hold” rating in a report on Thursday, November 29th. Barclays upped their target price on Great Portland Estates from GBX 580 ($7.58) to GBX 600 ($7.84) and gave the company an “underweight” rating in a report on Tuesday, December 11th. Finally, Goldman Sachs Group dropped their price objective on Great Portland Estates from GBX 676 ($8.83) to GBX 662 ($8.65) and set a “neutral” rating on the stock in a research note on Tuesday, December 18th.

GPOR stock opened at GBX 689.30 ($9.01) on Tuesday. Great Portland Estates has a 12-month low of GBX 582 ($7.60) and a 12-month high of GBX 702 ($9.17).

Great Portland Estates (LON:GPOR) last released its earnings results on Thursday, November 15th. The company reported GBX 9 ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX 10.70 ($0.14) by GBX (1.70) (($0.02)).

The business also recently announced a dividend, which was paid on Wednesday, January 2nd. Shareholders of record on Thursday, November 22nd were given a dividend of GBX 4.30 ($0.06) per share. The ex-dividend date was Thursday, November 22nd. This represents a dividend yield of 0.57%.

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.6 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.

Further Reading: Diversification

Analyst Recommendations for Great Portland Estates (LON:GPOR)

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