November 29, 2016 - By Ellis Scott
They currently have a GBX 664.00 target price on Great Portland Estates (LON:GPOR). HSBC’s target would suggest a potential upside of 10.21% from the company’s current stock price. This was revealed to investors in a note on 29 November.
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 758.85 average target is 25.64% above today’s (GBX 604) stock price. Great Portland Estates PLC has been the topic of 130 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Thursday, July 7 by Barclays Capital. HSBC maintained the stock with “Hold” rating in Tuesday, November 29 report. The firm earned “Buy” rating on Tuesday, November 3 by Goldman Sachs. The firm has “Buy” rating given on Monday, September 14 by Panmure Gordon. The company was maintained on Monday, September 21 by Jefferies. BNP Paribas upgraded Great Portland Estates PLC (LON:GPOR) rating on Wednesday, March 16. BNP Paribas has “Outperform” rating and GBX 840 price target. Goldman Sachs maintained it with “Sell” rating and GBX 850 target price in Tuesday, May 31 report. The firm has “Buy” rating by Deutsche Bank given on Tuesday, March 15. The firm earned “Buy” rating on Wednesday, November 18 by Canaccord Genuity. The stock has “Buy” rating given by Deutsche Bank on Thursday, November 12.
About 594,428 shares traded hands. Great Portland Estates PLC (LON:GPOR) has declined 20.18% since May 2, 2016 and is downtrending. It has underperformed by 25.44% the S&P500.
Analysts await Gulfport Energy Corporation (NASDAQ:GPOR) to report earnings on February, 15. They expect $0.21 earnings per share, up 2,200.00% or $0.22 from last year’s $-0.01 per share. GPOR’s profit will be $26.19 million for 30.45 P/E if the $0.21 EPS becomes a reality. After $0.16 actual earnings per share 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 2016 Q2. 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.
Blackrock Inc, a New York-based fund reported 142,739 shares. Clearbridge Investments Lc, a New York-based fund reported 100 shares. Airain Ltd reported 57,981 shares or 0.1% of all its holdings. Verition Fund Management Limited Liability accumulated 11,902 shares or 0.05% of the stock. Eaton Vance holds 0.01% or 115,888 shares in its portfolio. The Pennsylvania-based Emerald Advisers Inc Pa has invested 0.02% in Great Portland Estates PLC (LON:GPOR). Nomura Holdg Inc accumulated 499 shares or 0% of the stock. New York State Teachers Retirement accumulated 0.02% or 261,360 shares. Federated Invsts Pa last reported 57,668 shares in the company. State Bank Of America Corporation De holds 0.01% of its portfolio in Great Portland Estates PLC (LON:GPOR) for 792,127 shares. The Illinois-based Oak Ridge Investments Limited Liability has invested 0.03% in Great Portland Estates PLC (LON:GPOR). Paloma Management Communication last reported 84,705 shares in the company. Gam Holdg Ag holds 0.09% of its portfolio in Great Portland Estates PLC (LON:GPOR) for 187,278 shares. The New York-based Sg Americas Limited Company has invested 0.01% in Great Portland Estates PLC (LON:GPOR). Cornerstone Cap Management Hldgs Limited Co has 4,271 shares for 0% of their US portfolio.
Insider Transactions: Since June 7, 2016, the stock had 0 insider purchases, and 3 insider sales for $994,370 net activity. 566 shares with value of $15,282 were sold by Baldwin Steve on Monday, August 22. Shares for $659,088 were sold by Moore Michael G.
Great Portland Estates plc is a property investment and development company. The company has a market cap of 2.08 billion GBP. The Firm holds office, retail and residential properties in central London. It has a 17.01 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.”
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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By Ellis Scott