Nick Sanderson Purchases 48 Shares of Great Portland Estates (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson bought 48 shares of Great Portland Estates stock in a transaction dated Wednesday, December 31st. The shares were acquired at an average price of GBX 315 per share, with a total value of £151.20.

Nick Sanderson also recently made the following trade(s):

• On Friday, October 31st, Nick Sanderson purchased 88 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 336 per share, with a total value of £295.68.

Great Portland Estates Stock Performance

GPE stock traded down GBX 4 during midday trading on Friday, reaching GBX 314.50. 6,275,608 shares of the company were exchanged, compared to its average volume of 2,280,656. 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 business has a 50-day moving average price of GBX 320.94 and a two-hundred day moving average price of GBX 326.08. Great Portland Estates Plc has a one year low of GBX 260 and a one year high of GBX 369. The firm has a market capitalization of £1.27 billion, a price-to-earnings ratio of 8.62, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

Wall Street Analyst Weigh In

Several analysts recently weighed in on GPE shares. Peel Hunt reissued a “buy” rating and set a GBX 375 price target on shares of Great Portland Estates in a report on Tuesday, November 18th. Shore Capital reissued a “buy” rating on shares of Great Portland Estates in a research report on Tuesday, November 18th. Panmure Gordon restated a “buy” rating and issued a GBX 440 price target on shares of Great Portland Estates in a research note on Wednesday, November 19th. Finally, Jefferies Financial Group raised 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 report on Wednesday, November 19th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Great Portland Estates currently has an average rating of “Moderate Buy” and an average price target of GBX 416.75.

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.