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

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 45 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was acquired at an average price of GBX 336 per share, for a total transaction of £151.20.

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

• On Friday, August 29th, Dan Nicholson acquired 48 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 307 per share, with a total value of £147.36.

Great Portland Estates Price Performance

GPE stock traded up GBX 1.37 during midday trading on Monday, hitting GBX 335.50. 509,988 shares of the stock were exchanged, compared to its average volume of 1,844,117. The stock’s 50-day moving average price is GBX 318.35 and its 200-day moving average price is GBX 328.40. The stock has a market cap of £1.35 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a fifty-two week low of GBX 260 and a fifty-two week high of GBX 369. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 375 price objective on shares of Great Portland Estates in a report on Tuesday, October 7th. Jefferies Financial Group boosted their price target on Great Portland Estates from GBX 315 to GBX 332 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Finally, Shore Capital reissued a “buy” rating on shares of Great Portland Estates in a report on Tuesday, October 7th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company 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.