Great Portland Estates (LON:GPE) Receives Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of Great Portland Estates (LON:GPE) in a report issued on Tuesday, Marketbeat Ratings reports.

Several other equities analysts have also weighed in on GPE. Peel Hunt restated a “buy” rating and set a GBX 375 target price on shares of Great Portland Estates in a report on Tuesday, October 7th. Jefferies Financial Group increased their price objective on Great Portland Estates from GBX 315 to GBX 332 and gave the company a “hold” rating in a report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Great Portland Estates presently has an average rating of “Moderate Buy” and a consensus target price of GBX 399.75.

Great Portland Estates Stock Down 2.0%

Great Portland Estates stock opened at GBX 315 on Tuesday. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. Great Portland Estates has a 1-year low of GBX 260 and a 1-year high of GBX 369. The firm’s fifty day simple moving average is GBX 325.97 and its 200-day simple moving average is GBX 330.61. The company has a market capitalization of £1.27 billion, a P/E ratio of 10.47, a P/E/G ratio of 2.22 and a beta of 0.80.

Insider Transactions at Great Portland Estates

In other news, 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 cost of GBX 336 per share, for a total transaction of £295.68. Insiders have bought 419 shares of company stock worth $134,630 in the last three months. 1.53% of the stock is owned by corporate insiders.

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.