Great Portland Estates Plc (LON:GPE – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 327.50 ($4.25) and last traded at GBX 327.52 ($4.25), with a volume of 97428 shares trading hands. The stock had previously closed at GBX 332 ($4.31).
Wall Street Analyst Weigh In
Several research analysts recently issued reports on GPE shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Great Portland Estates from GBX 500 ($6.49) to GBX 440 ($5.71) and set a “buy” rating for the company in a research note on Wednesday, July 3rd. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Thursday, July 4th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Great Portland Estates presently has an average rating of “Moderate Buy” and an average target price of GBX 423.25 ($5.50).
Get Our Latest Research Report on GPE
Great Portland Estates Trading Down 0.2 %
Insider Buying and Selling
In other Great Portland Estates news, insider Nick Sanderson sold 7,288 shares of the stock in a transaction on Monday, September 9th. The stock was sold at an average price of GBX 348 ($4.52), for a total transaction of £25,362.24 ($32,929.42). In related news, insider Dan Nicholson purchased 3,040 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were purchased at an average price of GBX 360 ($4.67) per share, with a total value of £10,944 ($14,209.30). Also, insider Nick Sanderson sold 7,288 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of GBX 348 ($4.52), for a total transaction of £25,362.24 ($32,929.42). Insiders bought a total of 3,170 shares of company stock worth $1,277,133 in the last three months. Insiders own 1.43% of the company’s stock.
About Great Portland Estates
We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
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