Great Portland Estates (LON:GPE) Insider Buys £151.68 in Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson purchased 48 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was bought at an average cost of GBX 316 per share, with a total value of £151.68.

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

• On Friday, August 29th, Nick Sanderson purchased 49 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 307 per share, with a total value of £150.43.
• On Thursday, July 31st, Nick Sanderson purchased 44 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 339 per share, with a total value of £149.16.

Great Portland Estates Trading Up 1.9%

Shares of GPE stock opened at GBX 329 on Friday. The stock has a market cap of £1.33 billion, a price-to-earnings ratio of 1,093.02, a PEG ratio of 2.22 and a beta of 0.80. The stock has a 50-day moving average of GBX 316.61 and a 200-day moving average of GBX 321.60. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. Great Portland Estates Plc has a 1-year low of GBX 260 and a 1-year high of GBX 369.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on GPE. Peel Hunt reissued a “buy” rating and issued a GBX 375 price target on shares of Great Portland Estates in a research note on Thursday, July 3rd. Shore Capital reissued a “buy” rating and issued a GBX 510 price target on shares of Great Portland Estates in a research note on Friday, September 5th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 315 target price on shares of Great Portland Estates in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 395.50.

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.