Great Portland Estates Plc (LON:GPE) Insider Acquires £149.94 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 42 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were purchased at an average cost of GBX 357 ($4.78) per share, with a total value of £149.94 ($200.56).

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

• On Friday, September 27th, Dan Nicholson bought 3,040 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 360 ($4.82) per share, with a total value of £10,944 ($14,638.84).
• On Friday, August 30th, Dan Nicholson purchased 45 shares of Great Portland Estates stock. The stock was purchased at an average cost of GBX 3,395 ($45.41) per share, for a total transaction of £1,527.75 ($2,043.54).

Great Portland Estates Stock Performance

Shares of GPE stock opened at GBX 361 ($4.83) on Wednesday. The business has a fifty day moving average of GBX 349.26 and a 200 day moving average of GBX 364.07. Great Portland Estates Plc has a 1 year low of GBX 327.50 ($4.38) and a 1 year high of GBX 457.40 ($6.12). The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The firm has a market capitalization of £1.46 billion, a price-to-earnings ratio of -356.44, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GPE shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Great Portland Estates from GBX 500 ($6.69) to GBX 440 ($5.89) and set a “buy” rating for the company in a report on Wednesday, July 3rd. Jefferies Financial Group reissued a “hold” rating and issued a GBX 300 ($4.01) price target on shares of Great Portland Estates in a report on Thursday, June 13th. Finally, Shore Capital restated a “buy” rating on shares of Great Portland Estates in a report on Thursday, July 4th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 423.25 ($5.66).

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.