GPT Group (GPTGF) was downgraded to a Hold Rating at Ord Minnett
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GPT Group with a $3.61 average price target, implying a 2.27% upside from current levels. In a report released on August 18, UBS also maintained a Hold rating on the stock with a A$5.40 price target.
Based on GPT Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $512.3 million and a net profit of $48.7 million. In comparison, last year the company earned a revenue of $465.4 million and had a GAAP net loss of $238.9 million
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