Great Portland Estates (LON:GPE) Insider Dan Nicholson Acquires 45 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 45 shares of Great Portland Estates 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 £151.20.

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

• On Friday, August 29th, Dan Nicholson bought 48 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 307 per share, for a total transaction of £147.36.

Great Portland Estates Stock Performance

Great Portland Estates stock opened at GBX 335.50 on Tuesday. The firm’s 50 day simple moving average is GBX 318.63 and its 200 day simple moving average is GBX 328.59. The firm has a market capitalization of £1.35 billion, a PE ratio of 11.15, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a 1-year low of GBX 260 and a 1-year high of GBX 369. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52.

Wall Street Analysts Forecast Growth

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

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.