Great Portland Estates (LON:GPE) Insider Buys £295.68 in Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson purchased 88 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was bought at an average price of GBX 336 per share, with a total value of £295.68.

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

• On Tuesday, September 30th, Nick Sanderson purchased 48 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 316 per share, with a total value of £151.68.
• On Friday, August 29th, Nick Sanderson purchased 49 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 307 per share, with a total value of £150.43.

Great Portland Estates Stock Down 0.3%

LON GPE opened at GBX 338.50 on Thursday. The stock has a market cap of £1.37 billion, a PE ratio of 11.25, a P/E/G ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a fifty-two week low of GBX 260 and a fifty-two week high of GBX 369. The business has a 50 day moving average price of GBX 319.83 and a two-hundred day moving average price of GBX 328.88. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on GPE shares. Jefferies Financial Group upped their target price on Great Portland Estates from GBX 315 to GBX 332 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Tuesday, October 7th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 375 target price on shares of Great Portland Estates in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Great Portland Estates presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 399.75.

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.