Important Rating: JP Morgan Cazenove Analyst Reaffirmed GBX 740.00 Price Target on Great Portland Estates (LON:GPOR) stock, While Reiterating Neutral Rating

November 24, 2016 - By Peter Erickson

Great Portland Estates (LON:GPOR) Rating

They currently have a GBX 740.00 target price per share on Great Portland Estates (LON:GPOR). JP Morgan Cazenove’s target would suggest a potential upside of 23.44% from the company’s current stock price. This was revealed in a note on Thursday morning.

Great Portland Estates PLC (LON:GPOR) Ratings Coverage

Out of 22 analysts covering Great Portland Estates PLC (LON:GPOR), 12 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 55% are positive. GBX 2000 is the highest target while GBX 1 is the lowest. The GBX 760.75 average target is 26.79% above today’s (GBX 600) stock price. Great Portland Estates PLC has been the topic of 129 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Neutral” rating in Friday, June 17 report. The rating was maintained by Deutsche Bank with “Sell” on Monday, September 19. As per Thursday, August 20, the company rating was maintained by Morgan Stanley. On Tuesday, December 15 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Great Portland Estates PLC (LON:GPOR) earned “Overweight” rating by Barclays Capital on Thursday, July 7. The rating was maintained by Peel Hunt on Wednesday, May 25 with “Buy”. The stock has “Neutral” rating given by Goldman Sachs on Wednesday, November 2. Investec upgraded Great Portland Estates PLC (LON:GPOR) on Monday, August 3 to “Buy” rating. The stock of Great Portland Estates PLC (LON:GPOR) has “Hold” rating given on Wednesday, November 11 by Societe Generale. JP Morgan maintained Great Portland Estates PLC (LON:GPOR) rating on Thursday, May 12. JP Morgan has “Overweight” rating and GBX 975 price target.

About 472,394 shares traded hands. Great Portland Estates PLC (LON:GPOR) has declined 22.21% since April 27, 2016 and is downtrending. It has underperformed by 27.62% the S&P500.

Analysts await Gulfport Energy Corporation (NASDAQ:GPOR) to report earnings on February, 15. They expect $0.21 EPS, up 2,200.00% or $0.22 from last year’s $-0.01 per share. GPOR’s profit will be $25.90 million for 30.99 P/E if the $0.21 EPS becomes a reality. After $0.16 actual EPS reported by Gulfport Energy Corporation for the previous quarter, Wall Street now forecasts 31.25% EPS growth.

Insitutional Activity: The institutional sentiment decreased to 1.13 in Q2 2016. Its down 0.33, from 1.46 in 2016Q1. The ratio dropped, as 36 funds sold all Great Portland Estates PLC shares owned while 78 reduced positions. 46 funds bought stakes while 121 increased positions. They now own 126.76 million shares or 1.42% less from 128.59 million shares in 2016Q1.

Northern Trust has 0.01% invested in the company for 985,801 shares. State Teachers Retirement Sys holds 0.02% of its portfolio in Great Portland Estates PLC (LON:GPOR) for 261,360 shares. Villere St Denis J Co Limited Liability Company, a Louisiana-based fund reported 1.66 million shares. Renaissance Tech Limited Liability last reported 0.04% of its portfolio in the stock. Ivory Investment Mngmt Ltd Liability reported 166,584 shares or 0.14% of all its holdings. Glenmede Tru Co Na reported 1.10M shares or 0.21% of all its holdings. Alliancebernstein Ltd Partnership last reported 0.09% of its portfolio in the stock. Credit Agricole S A owns 11,138 shares or 0% of their US portfolio. Sir Capital Mgmt L P has 3.76% invested in the company for 806,419 shares. Envestnet Asset Management Inc last reported 0% of its portfolio in the stock. Moreover, Bokf Na has 0.01% invested in Great Portland Estates PLC (LON:GPOR) for 13,041 shares. The Wisconsin-based Broadview Advsrs Lc has invested 1.55% in Great Portland Estates PLC (LON:GPOR). Price T Rowe Associate Md accumulated 0.02% or 2.95 million shares. Earnest Prns Limited has invested 0.57% of its portfolio in Great Portland Estates PLC (LON:GPOR). Susquehanna International Llp, a Pennsylvania-based fund reported 32,797 shares.

Insider Transactions: Since June 7, 2016, the stock had 0 buys, and 3 selling transactions for $994,370 net activity. On Monday, August 22 Baldwin Steve sold $15,282 worth of the stock or 566 shares. 20,000 shares were sold by Moore Michael G, worth $659,088.

Great Portland Estates plc is a property investment and development company. The company has a market cap of 2.06 billion GBP. The Firm holds office, retail and residential properties in central London. It has a 16.9 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.”

GPOR Company Profile

Gulfport Energy Corporation (Gulfport), incorporated on June 20, 1997, is an independent oil and natural gas exploration and production firm focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Firm has developed an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Company’s principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), and Hackberry fields. In addition, the Company has interest in producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. The Firm also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in an entity that operates in the Phu Horm gas field in Thailand.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Tags: , ,

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News