Great Portland Estates (LON:GPE) Insider Acquires £149.46 in Stock

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam bought 47 shares of Great Portland Estates stock in a transaction dated Wednesday, September 30th. The stock was acquired at an average price of GBX 318 per share, with a total value of £149.46.

Jayne Cottam also recently made the following trade(s):

• On Friday, August 28th, Jayne Cottam bought 44 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 340 per share, with a total value of £149.60.

Great Portland Estates Stock Up 2.0%

GPE stock opened at GBX 307 on Friday. The stock has a 50-day simple moving average of GBX 331.55 and a two-hundred day simple moving average of GBX 320.04. Great Portland Estates Plc has a twelve month low of GBX 270 and a twelve month high of GBX 377. The firm has a market capitalization of £1.24 billion, a PE ratio of 8.06, a PEG ratio of 2.22 and a beta of 0.91. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28.

Analysts Set New Price Targets

A number of research analysts recently issued reports on GPE shares. Jefferies Financial Group restated a “hold” rating and set a GBX 334 price target on shares of Great Portland Estates in a report on Thursday, July 2nd. Berenberg Bank dropped their price objective on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a report on Monday, June 22nd. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Great Portland Estates presently has a consensus rating of “Hold” and a consensus target price of GBX 373.

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.