Great Portland Estates (LON:GPE) Insider Buys £149.46 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 47 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average cost of GBX 318 per share, with a total value of £149.46.

Dan Nicholson also recently made the following trade(s):

• On Friday, August 28th, Dan Nicholson purchased 44 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 340 per share, with a total value of £149.60.
• On Friday, July 31st, Dan Nicholson acquired 43 shares of Great Portland Estates stock. The shares were bought at an average cost of GBX 354 per share, for a total transaction of £152.22.

Great Portland Estates Trading Up 2.0%

Shares of GPE stock opened at GBX 307 on Friday. The company has a market cap of £1.24 billion, a PE ratio of 8.06, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The stock’s 50 day simple moving average is GBX 331.55 and its two-hundred day simple moving average is GBX 320.04. Great Portland Estates Plc has a 1 year low of GBX 270 and a 1 year high of GBX 377. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

Analyst Ratings Changes

GPE has been the topic of several recent research reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 334 price objective on shares of Great Portland Estates in a report on Thursday, July 2nd. Berenberg Bank reduced their target price on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a report on Monday, June 22nd. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 373.

About Great Portland Estates

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.