Great Portland Estates (LON:GPE) Rating Reiterated by Numis Securities

Great Portland Estates (LON:GPE)‘s stock had its “add” rating restated by research analysts at Numis Securities in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 500 ($6.33) price target on the stock. Numis Securities’ price objective points to a potential upside of 29.87% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the stock. Shore Capital reissued a “hold” rating on shares of Great Portland Estates in a research note on Thursday. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 453 ($5.73) target price on shares of Great Portland Estates in a research note on Thursday, December 14th.

Great Portland Estates Trading Up 3.4 %

Shares of GPE opened at GBX 385 ($4.87) on Thursday. The company has a debt-to-equity ratio of 44.62, a current ratio of 0.24 and a quick ratio of 0.46. The firm has a 50 day simple moving average of GBX 379.08 and a 200-day simple moving average of GBX 397.59. Great Portland Estates has a 1-year low of GBX 350.40 ($4.43) and a 1-year high of GBX 540 ($6.83). The stock has a market cap of £973.97 million, a price-to-earnings ratio of -294.66, a price-to-earnings-growth ratio of 2.22 and a beta of 0.79.

About Great Portland Estates

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.