Great Portland Estates (LON:GPE – Get Free Report) had its price target decreased by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 500 ($6.32) to GBX 440 ($5.57) in a report issued on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 26.62% from the stock’s previous close.
Several other equities analysts have also recently weighed in on the company. Jefferies Financial Group reissued a “hold” rating and set a GBX 300 ($3.79) price objective on shares of Great Portland Estates in a research report on Thursday, June 13th. Numis Securities reissued an “add” rating and issued a GBX 500 ($6.32) price objective on shares of Great Portland Estates in a research report on Thursday, April 11th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Thursday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 423.25 ($5.35).
Check Out Our Latest Report on Great Portland Estates
Great Portland Estates Stock Up 1.2 %
Insider Transactions at Great Portland Estates
In related news, insider Nick Sanderson sold 4,266 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of GBX 354 ($4.48), for a total value of £15,101.64 ($19,101.49). In other Great Portland Estates news, insider Nick Sanderson sold 4,266 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of GBX 354 ($4.48), for a total value of £15,101.64 ($19,101.49). Also, insider Mark Anderson acquired 4,900 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was acquired at an average price of GBX 349 ($4.41) per share, with a total value of £17,101 ($21,630.41). In the last quarter, insiders have bought 10,919 shares of company stock valued at $3,729,825. 1.65% of the stock is owned by corporate insiders.
Great Portland Estates Company Profile
We are a FTSE 250 property investment and development company owning £2.5 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.
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