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%.