Insider Buying: Great Portland Estates (LON:GPE) Insider Buys 44 Shares of Stock

Great Portland Estates Plc (LON:GPEGet Free Report) insider Jayne Cottam bought 44 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average price of GBX 340 per share, with a total value of £149.60.

Great Portland Estates Price Performance

Great Portland Estates stock traded down GBX 7 during trading hours on Tuesday, hitting GBX 330.60. 4,348,990 shares of the stock were exchanged, compared to its average volume of 4,097,280. The business’s 50-day moving average is GBX 342.71 and its two-hundred day moving average is GBX 323.25. The company has a debt-to-equity ratio of 41.28, a quick ratio of 0.46 and a current ratio of 0.54. The stock has a market capitalization of £1.33 billion, a P/E ratio of 8.68, a P/E/G ratio of 2.22 and a beta of 0.91. Great Portland Estates Plc has a 12 month low of GBX 270 and a 12 month high of GBX 377.

Great Portland Estates (LON:GPEGet Free Report) last announced its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share (EPS) for the quarter. The company had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. Equities research analysts expect that Great Portland Estates Plc will post 6.1719457 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. UBS Group reiterated a “sell” rating and issued a GBX 315 price target on shares of Great Portland Estates in a report on Monday, May 18th. Berenberg Bank decreased their price target on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a report on Monday, June 22nd. Jefferies Financial Group restated a “hold” rating and set a GBX 334 price target on shares of Great Portland Estates in a research report on Thursday, July 2nd. Finally, Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Great Portland Estates has a consensus rating of “Hold” and a consensus price target of GBX 388.22.

Check Out Our Latest Research Report on GPE

Great Portland Estates Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Great Portland Estates (LON:GPE)

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