Great Portland Estates Plc (LON:GPE – Get Free Report) insider Jayne Cottam acquired 32,330 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was purchased at an average cost of GBX 309 per share, with a total value of £99,899.70.
Great Portland Estates Stock Performance
Shares of Great Portland Estates stock opened at GBX 312.50 on Thursday. The firm has a 50-day simple moving average of GBX 339.12 and a two-hundred day simple moving average of GBX 325.88. The company has a debt-to-equity ratio of 53.27, a quick ratio of 0.46 and a current ratio of 1.80. Great Portland Estates Plc has a fifty-two week low of GBX 263.50 and a fifty-two week high of GBX 377. The company has a market cap of £1.26 billion, a P/E ratio of 8.56, a price-to-earnings-growth ratio of 2.22 and a beta of 0.82.
Analyst Upgrades and Downgrades
GPE has been the subject of a number of recent analyst reports. Jefferies Financial Group increased their price objective on shares of Great Portland Estates from GBX 332 to GBX 342 and gave the company a “hold” rating in a report on Wednesday, November 19th. Berenberg Bank raised their price target on shares of Great Portland Estates from GBX 297 to GBX 377 and gave the company a “hold” rating in a research note on Tuesday, January 27th. Shore Capital Group reiterated a “buy” rating on shares of Great Portland Estates in a report on Thursday, January 15th. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 440 price objective on shares of Great Portland Estates in a research note on Wednesday, November 19th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Great Portland Estates currently has an average rating of “Moderate Buy” and an average price target of GBX 408.80.
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.
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