Great Portland Estates (OTCMKTS:GPEAF) Shares Gap Down – Should You Sell?

Great Portland Estates PLC (OTCMKTS:GPEAF)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $4.65, but opened at $4.2850. Great Portland Estates shares last traded at $4.2850, with a volume of 117 shares trading hands.

Analyst Ratings Changes

GPEAF has been the subject of a number of research reports. BNP Paribas raised shares of Great Portland Estates from a “hold” rating to an “outperform” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group lowered shares of Great Portland Estates from a “buy” rating to a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Great Portland Estates Trading Down 7.8%

The firm has a fifty day moving average of $4.40 and a two-hundred day moving average of $4.56.

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.