Dan Nicholson Acquires 45 Shares of Great Portland Estates (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 45 shares of Great Portland Estates stock in a transaction that occurred on Friday, October 31st. The stock was purchased at an average cost of GBX 336 per share, with a total value of £151.20.

Dan Nicholson also recently made the following trade(s):

• On Friday, August 29th, Dan Nicholson bought 48 shares of Great Portland Estates stock. The shares were purchased at an average price of GBX 307 per share, for a total transaction of £147.36.

Great Portland Estates Price Performance

LON GPE opened at GBX 340.50 on Wednesday. Great Portland Estates Plc has a 12 month low of GBX 260 and a 12 month high of GBX 369. The stock has a market cap of £1.37 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 2.22 and a beta of 0.80. The company’s 50 day moving average is GBX 319.22 and its two-hundred day moving average is GBX 328.81. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52.

Analysts Set New Price Targets

A number of brokerages have issued reports on GPE. Jefferies Financial Group increased their price target on Great Portland Estates from GBX 315 to GBX 332 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Peel Hunt reiterated a “buy” rating and set a GBX 375 target price on shares of Great Portland Estates in a research report on Tuesday, October 7th. Finally, Shore Capital reiterated a “buy” rating on shares of Great Portland Estates in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 399.75.

Great Portland Estates Company Profile

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.