Great Portland Estates’ (GPE) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of Great Portland Estates (LON:GPE) in a research report sent to investors on Tuesday, Marketbeat.com reports. Peel Hunt currently has a GBX 375 price target on the stock.

Several other analysts have also recently commented on the stock. Jefferies Financial Group increased their price target on shares of Great Portland Estates from GBX 315 to GBX 332 and gave the company a “hold” rating in a research note on Tuesday, October 28th. Shore Capital restated a “buy” rating on shares of Great Portland Estates in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Great Portland Estates currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 399.75.

Great Portland Estates Stock Down 2.0%

Shares of LON GPE opened at GBX 315 on Tuesday. Great Portland Estates has a 12-month low of GBX 260 and a 12-month high of GBX 369. The firm’s 50-day simple moving average is GBX 325.97 and its 200 day simple moving average is GBX 330.61. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. The company has a market cap of £1.27 billion, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

Insider Transactions at Great Portland Estates

In other Great Portland Estates news, insider Nick Sanderson bought 88 shares of the stock in a transaction on Friday, October 31st. The stock was purchased at an average price of GBX 336 per share, with a total value of £295.68. Insiders have purchased 419 shares of company stock valued at $134,630 over the last quarter. 1.53% of the stock is currently owned by company insiders.

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.