Insider Buying: Great Portland Estates (LON:GPE) Insider Purchases 48 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson acquired 48 shares of Great Portland Estates stock in a transaction on Wednesday, December 31st. The stock was purchased at an average cost of GBX 315 per share, with a total value of £151.20.

Nick Sanderson also recently made the following trade(s):

• On Friday, October 31st, Nick Sanderson purchased 88 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 336 per share, for a total transaction of £295.68.

Great Portland Estates Stock Performance

GPE traded down GBX 4 during trading on Friday, hitting GBX 314.50. 6,275,608 shares of the company traded hands, compared to its average volume of 2,280,656. Great Portland Estates Plc has a one year low of GBX 260 and a one year high of GBX 369. The stock’s fifty day moving average is GBX 320.94 and its 200 day moving average is GBX 326.08. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. The firm has a market cap of £1.27 billion, a P/E ratio of 8.62, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on GPE shares. Jefferies Financial Group raised their target price on Great Portland Estates from GBX 332 to GBX 342 and gave the stock a “hold” rating in a research report on Wednesday, November 19th. Shore Capital reissued a “buy” rating on shares of Great Portland Estates in a report on Tuesday, November 18th. Peel Hunt reiterated a “buy” rating and issued a GBX 375 target price on shares of Great Portland Estates in a research note on Tuesday, November 18th. Finally, Panmure Gordon restated a “buy” rating and set a GBX 440 price target on shares of Great Portland Estates in a research note on Wednesday, November 19th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Great Portland Estates has an average rating of “Moderate Buy” and a consensus price target of GBX 416.75.

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.