Rating Watching: What To Expect After Great Portland Estates PLC (LON:GPOR)’s Upgrade Rating From Exane BNP Paribas? The Target Price is GBX 660.00

November 30, 2016 - By Linda Rogers

Great Portland Estates PLC (LON:GPOR) Upgrade

Great Portland Estates PLC (LON:GPOR)‘s rating was increased by expert analysts at Exane BNP Paribas to a “Neutral” rating in a an analyst report revealed on Wednesday morning. The firm after the upgrade has a GBX 660.00 target price on the stock. Exane BNP Paribas’s target price would indicate a potential upside of 8.24%.

Great Portland Estates PLC (LON:GPOR) Ratings Coverage

Out of 22 analysts covering Great Portland Estates PLC (LON:GPOR), 12 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 55% are positive. GBX 2000 is the highest target while GBX 1 is the lowest. The GBX 760.85 average target is 24.53% above today’s (GBX 611) stock price. Great Portland Estates PLC has been the topic of 131 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The rating was maintained by JP Morgan on Friday, January 8 with “Overweight”. Peel Hunt maintained the stock with “Buy” rating in Wednesday, November 11 report. Deutsche Bank maintained Great Portland Estates PLC (LON:GPOR) on Tuesday, October 4 with “Buy” rating. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, September 8. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, August 31. The firm has “Hold” rating by Liberum Capital given on Tuesday, October 11. The company was maintained on Monday, February 1 by UBS. Deutsche Bank maintained it with “Buy” rating and GBX 1000 target price in Friday, August 14 report. The firm has “Outperform” rating given on Wednesday, June 1 by BNP Paribas. The stock has “Buy” rating given by Panmure Gordon on Wednesday, November 11.

About 311,195 shares traded hands. Great Portland Estates PLC (LON:GPOR) has declined 20.49% since May 3, 2016 and is downtrending. It has underperformed by 25.71% 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 $26.23 million for 30.50 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 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.

Acadian Asset Limited Liability Corporation last reported 0% of its portfolio in the stock. Products last reported 0.55% of its portfolio in the stock. Nomura owns 499 shares or 0% of their US portfolio. Wolverine Asset Management Ltd Company has invested 0% of its portfolio in Great Portland Estates PLC (LON:GPOR). First Interstate Commercial Bank holds 0% of its portfolio in Great Portland Estates PLC (LON:GPOR) for 265 shares. Prudential has invested 0% of its portfolio in Great Portland Estates PLC (LON:GPOR). Zurcher Kantonalbank (Zurich Cantonalbank) last reported 3,413 shares in the company. Moreover, Natl Bank Of Montreal Can has 0% invested in Great Portland Estates PLC (LON:GPOR) for 54,620 shares. Aperio Group Lc has 34,081 shares for 0.01% of their US portfolio. Adage Partners Grp Limited Liability Corporation accumulated 880,000 shares or 0.08% of the stock. Advsrs Asset Mngmt Inc last reported 3,200 shares in the company. D E Shaw And Com holds 2.32M shares or 0.13% of its portfolio. Blackrock Advsrs Ltd Liability Corporation holds 0.12% of its portfolio in Great Portland Estates PLC (LON:GPOR) for 3.63M shares. Vanguard Group Inc holds 0.02% or 9.24M shares in its portfolio. Oak Ridge Invests Limited Co holds 41,908 shares or 0.03% of its portfolio.

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

Great Portland Estates plc is a property investment and development company. The company has a market cap of 2.10 billion GBP. The Firm holds office, retail and residential properties in central London. It has a 17.21 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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