Great Portland Estates PLC (LON:GPOR) Rating Reaffirmed
London: In a note revealed to clients on 15 December, Canaccord Genuity has decided to reaffirm their Buy rating on Great Portland Estates PLC (LON:GPOR) shares. They now have a GBX 982.00 target PPS on the company. Canaccord Genuity’s target would indicate a potential upside of 19.79% from the company’s last price.
From a total of 20 analysts covering Great Portland Estates PLC (LON:GPOR) stock, 16 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is GBX 1130 while the lowest target price is GBX 822. The mean of all analyst targets is GBX 967.35 with a 16.95% above today’s (GBX 819.5) stock price. Great Portland Estates PLC was the topic of 47 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 14 with “Hold” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 1000 target share price in a report from a November 23. Deutsche Bank maintained GPOR stock in a recent report from December 7 with “Buy” rating. Canaccord Genuity maintained the rating on November 18. Canaccord Genuity has a “Buy” rating and a GBX 982 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 19.
Approximately 95,451 shares of stock traded hands. Great Portland Estates PLC (LON:GPOR) has declined 4.23% since May 18, 2015 and is downtrending. It has underperformed by 0.55% the S&P500.
The overall sentiment of institutions has decreased to 1.13 in Q2 2015. Its down 1.00, from 2.13 in 2015Q2. The ratio is negative, as 56 institutions have sold all the shares of Great Portland Estates PLC that they owned while 87 funds have taken shares off the table. 31 funds have purchased shares for the first time while 131 added to their positions. These institutions now hold 115.44 million shares or 11.03% more than the 103.98 million shares they owned in 2015Q2.
The Fund Socratic Fund Management L.P. currently is holding shares equating to 37.29% of its total portfolio in Great Portland Estates PLC representing a total of 150,500 shares. Another fund,Tbp Investments Management Llc, is holding a total of 98,654 shares equating to 7.89% of their holdings. Additionally, Firefly Value Partners Lp has a 1.62 million share stake in Great Portland Estates PLC which represents 7.35% of their total portfolio. The Fund, Hollow Brook Wealth Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 5.04% of their total portfolio. Finally Grt Capital Partners L.L.C., a fund which is based in the state of Massachusetts reported a total holdings of 571,249 shares.
Insider activity is a very important aspect to track on any stock. Going back to March 20, 2015, shareholders of Great Portland Estates PLC have witnessed 0 buys, and a total of 3 sales equating to a net activity of approximately $506,509 . Groeschel Craig sold 625 shares worth approximately $27,388. Maier Stuart sold 10,045 shares worth approximately $428,121. Baldwin Steve sold 1,200 shares worth approximately $51,000.
Great Portland Estates plc is a United Kingdom property investment and development company. The company has a market cap of 2.80 billion GBP. The Firm holds office, retail and residential properties in central London. It has 4.45 P/E ratio. 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.
According to Zacks Investment Research, “Gulfport Energy owns and operates mature oil and gas properties in the Louisiana Gulf Coast area. The company seeks to achieve reserve growth and increased cash flow from operations through low risk development activities on its existing properties and acquiring additional Louisiana Gulf Coast properties with exploitation and exploration potential.”