Trade Report: The Great Portland Estates PLC (GPOR) Given New GBX 715 Price Target at Goldman Sachs Group Inc.

The Great Portland Estates PLC (GPOR) Given New GBX 715 Price Target at Goldman Sachs Group Inc.

Great Portland Estates PLC (LON:GPOR) had its price target lifted by investment analysts at Goldman Sachs Group Inc. from GBX 690 ($8.62) to GBX 715 ($8.93) in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price objective suggests a potential upside of 18.97% from the company’s previous close.

A number of other equities research analysts also recently issued reports on GPOR. Societe Generale downgraded shares of Great Portland Estates PLC to a “sell” rating and reduced their price target for the company from GBX 790 ($9.87) to GBX 550 ($6.87) in a research report on Tuesday, July 5th. Barclays PLC reduced their price target on shares of Great Portland Estates PLC from GBX 980 ($12.24) to GBX 770 ($9.62) and set an “overweight” rating for the company in a research report on Thursday, July 7th. BNP Paribas downgraded shares of Great Portland Estates PLC to an “underperform” rating and set a GBX 540 ($6.75) price target for the company. in a research report on Friday, July 8th. Citigroup Inc. reiterated a “buy” rating and set a GBX 804 ($10.04) price target on shares of Great Portland Estates PLC in a research report on Monday, July 18th. Finally, Peel Hunt downgraded shares of Great Portland Estates PLC to an “add” rating in a research report on Monday, July 25th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 745.22 ($9.31).

Shares of Great Portland Estates PLC (LON:GPOR) traded up 0.1667% on Wednesday, reaching GBX 600.4747. The company had a trading volume of 653,471 shares. The firm’s market capitalization is GBX 2.05 billion. Great Portland Estates PLC has a 1-year low of GBX 534.50 and a 1-year high of GBX 890.50. The firm has a 50-day moving average price of GBX 607.96 and a 200 day moving average price of GBX 663.28.

The firm also recently announced a dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, November 24th will be issued a dividend of GBX 3.70 ($0.05) per share. The ex-dividend date of this dividend is Thursday, November 24th. This represents a dividend yield of 0.59%.

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