Great Portland Estates (LON:GPE) Hits New 52-Week Low – Should You Sell?

Great Portland Estates Plc (LON:GPE)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 263 ($3.36) and last traded at GBX 263 ($3.36), with a volume of 4493418 shares changing hands. The stock had previously closed at GBX 267.50 ($3.42).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 382 ($4.89) price target on shares of Great Portland Estates in a research report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Great Portland Estates presently has an average rating of “Moderate Buy” and a consensus target price of GBX 405.50 ($5.19).

Great Portland Estates Stock Performance

The company’s fifty day simple moving average is GBX 280.90 and its two-hundred day simple moving average is GBX 311.27. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. The stock has a market capitalization of £1.05 billion, a P/E ratio of 2.61, a PEG ratio of 2.22 and a beta of 0.80.

Great Portland Estates Company Profile

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.