Breaking Finance News

HSBC announced Great Portland Estates PLC (LON:GPOR), boosting its stock price target to 702.00GBX today

In a report released on 9/30/2016 HSBC increased the stock price target of Great Portland Estates PLC (LON:GPOR) from 616.00GBX to 702.00GBX reporting a possible upside of 0.13%.

Previously on Tuesday September 13, 2016, Deutsche Bank released a statement about Great Portland Estates PLC (LON:GPOR) reduced the target price from 900.00GBX to 750.00GBX. At the time, this indicated a possible upside of 0%.

Just yesterday Great Portland Estates PLC (LON:GPOR) traded 0.16% higher at 623.75GBX. Great Portland Estates PLC’s 50-day moving average is 655.91GBX and its 200-day moving average is 698.91GBX. The last stock price is down -9.43% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 913,098 shares of GPOR traded hands, down from an average trading volume of 1,259,110

Recent Performance Chart

Great Portland Estates PLC (LON:GPOR)

Great Portland Estates PLC has 52 week low of 534.50GBX and a 52 week high of 892.50GBX with a PE ratio of 3.91 and has a market capitalization of 0 GBX.

In addition to HSBC reporting its stock price target, a total of 19 brokerages have issued a ratings update on the company. The average stock price target is 756.16GBX with 5 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On Great Portland Estates PLC (LON:GPOR)

Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. GPE's properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government. The Company has approximately 70 properties in over 40 sites with a total area of approximately 3.6 million square feet. GPE's properties include Mount Royal, 35 Portman Square, Orchard Court, Walmar House, Wigmore Street Island Site and 33 Margaret Street, 6 Brook Street, Hanover Square Estate, Pollen House, Carrington House, Kingsland House, The Piccadilly Buildings, 12/14 New Fetter Lane, 240 Blackfriars Road, City Place House, City Tower, Minerva House, New City Court in City, 24/25 Britton Street, Mount Royal, 508/540 Oxford Street, 31/34 Alfred Place, 122/124 Regent Street and Rathbone Square.

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