Great Portland Estates (LON:GPOR) Rating Reaffirmed
J.P. Morgan now has a GBX 975 Estimated Target Price on the 2.85 billion GBP market cap company or 16.28% upside potential. In a recent report sent to investors on Wednesday, 16 December, Great Portland Estates (LON:GPOR) shares have had their Overweight Rating kept steady by stock analysts at J.P. Morgan.
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 968.6 with a 14.20% above today’s (GBX 840.5) stock price. Great Portland Estates PLC was the topic of 49 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 16 with “Overweight” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 1000 target share price in a report from a November 23. Jefferies maintained GPOR stock in a recent report from December 14 with “Hold” rating. Barclays Capital maintained the rating on November 19. Barclays Capital has a “Overweight” rating and a GBX 1030 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a December 7.
Approximately 227,365 shares of stock traded hands. Great Portland Estates PLC (LON:GPOR) has declined 5.31% since May 19, 2015 and is downtrending. It has underperformed by 2.69% 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 worsened, 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 2.85 billion GBP. The Firm holds office, retail and residential properties in central London. It has 4.57 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.”