Great Portland Estates (LON:GPE) Insider Acquires £99,899.70 in Stock

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam bought 32,330 shares of the stock in a transaction dated Tuesday, March 17th. The stock was purchased at an average price of GBX 309 per share, with a total value of £99,899.70.

Great Portland Estates Price Performance

GPE stock opened at GBX 294.50 on Friday. The stock has a market cap of £1.19 billion, a PE ratio of 8.07, a P/E/G ratio of 2.22 and a beta of 0.82. Great Portland Estates Plc has a 12 month low of GBX 263.50 and a 12 month high of GBX 377. The company has a 50-day moving average price of GBX 337.96 and a 200 day moving average price of GBX 325.66. The company has a current ratio of 1.80, a quick ratio of 0.46 and a debt-to-equity ratio of 53.27.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on GPE shares. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research report on Thursday, January 15th. Berenberg Bank increased their price target on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a report on Tuesday, January 27th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Great Portland Estates currently has an average rating of “Moderate Buy” and a consensus target price of GBX 408.80.

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.