Insider Buying: Great Portland Estates PLC (GPOR) Insider Acquires £150.48 in Stock
Great Portland Estates PLC (LON:GPOR) insider Nick Sanderson purchased 24 shares of the firm’s stock in a transaction on Tuesday, October 4th. The stock was bought at an average cost of GBX 627 ($8.18) per share, with a total value of £150.48 ($196.42).
Great Portland Estates PLC (LON:GPOR) opened at 606.45 on Monday. The firm’s market capitalization is GBX 2.07 billion. The company’s 50-day moving average is GBX 650.28 and its 200-day moving average is GBX 695.79. Great Portland Estates PLC has a 52-week low of GBX 534.50 and a 52-week high of GBX 892.50.
A number of research analysts have issued reports on GPOR shares. Peel Hunt cut shares of Great Portland Estates PLC to an “add” rating in a report on Monday, July 25th. Numis Securities Ltd decreased their price target on shares of Great Portland Estates PLC from GBX 888 ($11.59) to GBX 734 ($9.58) and set an “add” rating for the company in a report on Tuesday, August 16th. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 804 ($10.49) price target on shares of Great Portland Estates PLC in a report on Monday, July 18th. Deutsche Bank AG decreased their price target on shares of Great Portland Estates PLC from GBX 1,000 ($13.05) to GBX 900 ($11.75) and set a “buy” rating for the company in a report on Friday, June 24th. Finally, Liberum Capital reduced their target price on shares of Great Portland Estates PLC from GBX 705 ($9.20) to GBX 640 ($8.35) and set a “hold” rating for the company in a report on Monday, July 4th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 769.53 ($10.04).
About Great Portland Estates PLC
Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. 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.
Receive News & Ratings for Great Portland Estates PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates PLC and related companies with MarketBeat.com's FREE daily email newsletter.