Great Portland Estates (LON:GPE) Earns “Add” Rating from Numis Securities

Numis Securities reaffirmed their add rating on shares of Great Portland Estates (LON:GPE) in a research note issued to investors on Thursday, MarketBeat Ratings reports. Numis Securities currently has a GBX 500 ($6.33) price objective on the stock.

GPE has been the subject of a number of other research reports. Shore Capital reiterated a hold rating on shares of Great Portland Estates in a research report on Thursday. Berenberg Bank reiterated a hold rating and issued a GBX 453 ($5.73) target price on shares of Great Portland Estates in a research note on Thursday, December 14th.

Great Portland Estates Stock Performance

Great Portland Estates stock opened at GBX 377.50 ($4.78) on Thursday. The firm has a market capitalization of £955.00 million, a P/E ratio of -288.17, a P/E/G ratio of 2.22 and a beta of 0.79. The stock has a fifty day moving average price of GBX 378.10 and a two-hundred day moving average price of GBX 396.80. Great Portland Estates has a 52-week low of GBX 350.40 ($4.43) and a 52-week high of GBX 540 ($6.83). The company has a debt-to-equity ratio of 44.62, a current ratio of 0.24 and a quick ratio of 0.46.

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.