Today’s Rating: Great Portland Estates PLC (LON:GPOR) Investors: JP Morgan Cazenove Maintains Neutral Rating, Sees GBX 740.00/Share

November 24, 2016 - By Ruchi Gupta

Great Portland Estates PLC (LON:GPOR) Rating

JP Morgan Cazenove have a GBX 740.00 price target on the stock. The price target suggests a potential upside of 24.11% from Great Portland Estates PLC (LON:GPOR)‘s last price. This rating was revealed to clients and investors in an analyst 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 27.11% above today’s (GBX 598.5) stock price. Great Portland Estates PLC has been the topic of 129 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Monday, November 30 by Jefferies. Credit Suisse maintained the stock with “Neutral” rating in Friday, June 17 report. On Tuesday, May 31 the stock rating was maintained by Goldman Sachs with “Sell”. The stock has “Buy” rating given by Deutsche Bank on Thursday, May 26. The stock of Great Portland Estates PLC (LON:GPOR) has “Sell” rating given on Tuesday, July 5 by Societe Generale. The firm earned “Buy” rating on Wednesday, November 11 by Peel Hunt. The firm has “Buy” rating given on Monday, October 19 by Deutsche Bank. On Friday, November 18 the stock rating was maintained by BNP Paribas with “Underperform”. The stock of Great Portland Estates PLC (LON:GPOR) has “Buy” rating given on Wednesday, February 10 by Investec. The rating was maintained by HSBC on Wednesday, February 24 with “Buy”.

About 234,845 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 $25.90M 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 dived, 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.

Stifel Financial has invested 0.01% of its portfolio in Great Portland Estates PLC (LON:GPOR). Nokota Management L P has invested 0.33% of its portfolio in Great Portland Estates PLC (LON:GPOR). Principal Group last reported 451,160 shares in the company. Shelton Cap Mgmt holds 0.03% of its portfolio in Great Portland Estates PLC (LON:GPOR) for 9,272 shares. Raymond James Associate last reported 20,764 shares in the company. Schwab Charles Mgmt reported 380,809 shares or 0.01% of all its holdings. Public Employees Retirement Association Of Colorado last reported 0.01% of its portfolio in the stock. Moreover, Greenwood Capital Associates Ltd Liability Co has 0.13% invested in Great Portland Estates PLC (LON:GPOR) for 13,580 shares. Oregon Employees Retirement Fund has 0.03% invested in the company for 41,676 shares. Hbk Investments Lp has 18,400 shares for 0% of their US portfolio. Deutsche Natl Bank Ag holds 1.06 million shares or 0.02% of its portfolio. Nikko Asset Mngmt Americas Inc last reported 0.73% of its portfolio in the stock. Susquehanna Llp holds 32,797 shares or 0% of its portfolio. Mutual Of America Cap Ltd Limited Liability Company accumulated 206,238 shares or 0.14% of the stock. Rafferty Asset Management Ltd accumulated 0.05% or 24,329 shares.

Insider Transactions: Since June 7, 2016, the stock had 0 insider buys, and 3 insider sales for $994,370 net activity. $320,000 worth of Great Portland Estates PLC (LON:GPOR) was sold by Baldwin Steve. Another trade for 20,000 shares valued at $659,088 was made by Moore Michael G on Wednesday, June 15.

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 16.86 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.

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