Great Portland Estates (LON:GPE) Insider Jayne Cottam Buys 47 Shares of Company Stock

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam acquired 47 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were bought at an average cost 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 purchased 44 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 340 per share, with a total value of £149.60.

Great Portland Estates Stock Down 3.0%

GPE traded down GBX 9.40 during mid-day trading on Thursday, reaching GBX 301.60. 833,862 shares of the stock were exchanged, compared to its average volume of 3,760,768. The stock has a market capitalization of £1.22 billion, a PE ratio of 7.92, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a debt-to-equity ratio of 41.28, a quick ratio of 0.46 and a current ratio of 0.54. Great Portland Estates Plc has a 1 year low of GBX 270 and a 1 year high of GBX 377. The company has a 50 day moving average price of GBX 333.09 and a two-hundred day moving average price of GBX 320.14.

Analyst Upgrades and Downgrades

GPE has been the subject of several research reports. Berenberg Bank cut their price target on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a research note on Monday, June 22nd. Jefferies Financial Group restated a “hold” rating and set a GBX 334 target price on shares of Great Portland Estates in a research report on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently 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.