Great Portland Estates (LON:GPE) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Great Portland Estates (LON:GPE) in a report released on Thursday, MarketBeat reports. They currently have a GBX 450 target price on the stock.

Several other analysts have also weighed in on the company. Jefferies Financial Group reissued a “hold” rating and issued a GBX 345 price objective on shares of Great Portland Estates in a report on Thursday, April 9th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 370 price objective on shares of Great Portland Estates in a report on Wednesday. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research note on Thursday, January 15th. Berenberg Bank lifted their target price on Great Portland Estates from GBX 297 to GBX 377 and gave the company a “hold” rating in a research note on Tuesday, January 27th. Finally, The Goldman Sachs Group decreased their target price on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research note on Monday, March 30th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Great Portland Estates has an average rating of “Moderate Buy” and a consensus price target of GBX 400.88.

Great Portland Estates Price Performance

Shares of Great Portland Estates stock opened at GBX 318.60 on Thursday. The company has a quick ratio of 0.46, a current ratio of 1.80 and a debt-to-equity ratio of 53.27. The firm has a market cap of £1.29 billion, a P/E ratio of 8.73, a P/E/G ratio of 2.22 and a beta of 0.90. Great Portland Estates has a fifty-two week low of GBX 270 and a fifty-two week high of GBX 377. The business has a 50-day moving average price of GBX 316.01 and a 200 day moving average price of GBX 324.46.

Insider Buying and Selling

In related news, insider Peter Duffy bought 19,965 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was bought at an average cost of GBX 343 per share, for a total transaction of £68,479.95. Also, insider Jayne Cottam bought 32,330 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was bought at an average price of GBX 309 per share, with a total value of £99,899.70. Over the last 90 days, insiders acquired 52,410 shares of company stock valued at $16,879,510. 1.53% of the stock is currently owned by 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.