Great Portland Estates (OTCMKTS:GPEAF) PT Lowered to GBX 620

Great Portland Estates (OTCMKTS:GPEAFGet Rating) had its price objective lowered by JPMorgan Chase & Co. from GBX 900 ($10.87) to GBX 620 ($7.49) in a research note issued to investors on Friday morning, The Fly reports.

GPEAF has been the subject of several other research reports. Morgan Stanley upgraded shares of Great Portland Estates from an equal weight rating to an overweight rating in a research report on Thursday, September 1st. Barclays reduced their price target on shares of Great Portland Estates from GBX 700 ($8.46) to GBX 670 ($8.10) in a research report on Tuesday, July 5th. Berenberg Bank downgraded shares of Great Portland Estates from a hold rating to a sell rating in a research report on Wednesday, August 31st. Finally, The Goldman Sachs Group downgraded shares of Great Portland Estates from a buy rating to a neutral rating in a research report on Monday, July 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of Hold and a consensus target price of $645.00.

Great Portland Estates Price Performance

GPEAF stock opened at $6.00 on Friday. Great Portland Estates has a 12 month low of $6.00 and a 12 month high of $10.24. The firm has a 50 day simple moving average of $6.71 and a 200 day simple moving average of $7.93.

About Great Portland Estates

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We are a FTSE 250 property investment and development company owning £2.6 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.

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Analyst Recommendations for Great Portland Estates (OTCMKTS:GPEAF)

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