Great Portland Estates’ (GPE) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Great Portland Estates (LON:GPE) in a research note issued to investors on Thursday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 450 price objective on the stock.

A number of other research analysts also recently weighed in on GPE. The Goldman Sachs Group decreased their target price on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research report on Monday, March 30th. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Thursday, January 15th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 370 price objective on shares of Great Portland Estates in a research report on Wednesday. Berenberg Bank lifted their price objective on shares of Great Portland Estates from GBX 297 to GBX 377 and gave the company a “hold” rating in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 345 price objective on shares of Great Portland Estates in a research report on Thursday, April 9th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 400.88.

Great Portland Estates Stock Up 2.3%

Great Portland Estates stock opened at GBX 325.80 on Thursday. The company has a market cap of £1.31 billion, a P/E ratio of 8.93, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. Great Portland Estates has a 1-year low of GBX 270 and a 1-year high of GBX 377. The company has a fifty day simple moving average of GBX 315.41 and a 200 day simple moving average of GBX 324.58. The company has a current ratio of 1.80, a quick ratio of 0.46 and a debt-to-equity ratio of 53.27.

Insider Activity

In related news, insider Peter Duffy bought 19,965 shares of Great Portland Estates stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average price of GBX 343 per share, with a total value of £68,479.95. Also, insider Jayne Cottam bought 32,330 shares of Great Portland Estates stock in a transaction that occurred on Tuesday, March 17th. The shares were bought at an average cost of GBX 309 per share, with a total value of £99,899.70. Insiders have purchased a total of 52,410 shares of company stock valued at $16,879,510 in the last ninety days. 1.53% of the stock is currently owned by insiders.

About Great Portland Estates

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.