Great Portland Estates (LON:GPE) Insider Dan Nicholson Buys 40 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 40 shares of the stock in a transaction on Friday, January 30th. The stock was bought at an average price of GBX 371 per share, for a total transaction of £148.40.

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

• On Wednesday, December 31st, Dan Nicholson purchased 47 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 315 per share, with a total value of £148.05.

Great Portland Estates Price Performance

Shares of LON GPE opened at GBX 367.25 on Tuesday. 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 stock has a fifty day moving average price of GBX 325.37 and a 200 day moving average price of GBX 324.66. Great Portland Estates Plc has a 1-year low of GBX 260 and a 1-year high of GBX 377. The company has a market cap of £1.48 billion, a PE ratio of 10.06, a P/E/G ratio of 2.22 and a beta of 0.80.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GPE. Jefferies Financial Group boosted their price target on shares of Great Portland Estates from GBX 332 to GBX 342 and gave the stock a “hold” rating in a research note on Wednesday, November 19th. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a report on Thursday, January 15th. Panmure Gordon reissued a “buy” rating and set a GBX 440 target price on shares of Great Portland Estates in a research note on Wednesday, November 19th. Berenberg Bank raised their price target on Great Portland Estates from GBX 297 to GBX 377 and gave the company a “hold” rating in a report on Tuesday, January 27th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 375 price objective on shares of Great Portland Estates in a report on Tuesday, November 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Great Portland Estates currently has a consensus rating of “Moderate Buy” and an average target price of GBX 408.80.

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.