Insider Buying: Great Portland Estates (LON:GPE) Insider Acquires £151.68 in Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson acquired 48 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The shares were acquired at an average price of GBX 316 per share, with a total value of £151.68.

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

• On Friday, August 29th, Nick Sanderson acquired 49 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 307 per share, with a total value of £150.43.
• On Thursday, July 31st, Nick Sanderson acquired 44 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 339 per share, with a total value of £149.16.

Great Portland Estates Price Performance

Shares of GPE stock opened at GBX 329 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. Great Portland Estates Plc has a twelve month low of GBX 260 and a twelve month high of GBX 369. The company has a market cap of £1.33 billion, a P/E ratio of 1,093.02, a P/E/G ratio of 2.22 and a beta of 0.80. The business has a fifty day simple moving average of GBX 316.61 and a 200 day simple moving average of GBX 321.60.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GPE. Peel Hunt restated a “buy” rating and set a GBX 375 price objective on shares of Great Portland Estates in a research report on Thursday, July 3rd. Jefferies Financial Group restated a “hold” rating and set a GBX 315 price objective on shares of Great Portland Estates in a research report on Thursday, August 7th. Finally, Shore Capital reiterated a “buy” rating and issued a GBX 510 target price on shares of Great Portland Estates in a research report on Friday, September 5th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Great Portland Estates has a consensus rating of “Moderate Buy” and a consensus target price of GBX 395.50.

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.