Great Portland Estates PLC (LON:GPOR) Rating Reaffirmed
They currently have a GBX 975.00 TP on Great Portland Estates PLC (LON:GPOR). The target price by JP Morgan Cazenove would suggest a potential upside of 17.61% from the company’s last stock close. This has been announced to investors in a note on Wednesday morning.
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 15.61% above today’s (GBX 829) 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.
The stock closed the day at GBX 829 during the previous session. It is down 5.31% since May 19, 2015 and is downtrending. It has underperformed by 1.63% 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 dropped, 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.
Great Portland Estates plc is a United Kingdom property investment and development company. The company has a market cap of 2.81 billion GBP. The Firm holds office, retail and residential properties in central London. It has 4.5 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.”