Great Portland Estates (LON:GPE) Price Target Raised to GBX 342

Great Portland Estates (LON:GPEFree Report) had its price objective boosted by Jefferies Financial Group from GBX 332 to GBX 342 in a report issued on Wednesday, MarketBeat Ratings reports. Jefferies Financial Group currently has a hold rating on the stock.

A number of other brokerages have also recently commented on GPE. Peel Hunt reaffirmed a “buy” rating and issued a GBX 375 price target on shares of Great Portland Estates in a research note on Tuesday. Shore Capital reissued a “buy” rating on shares of Great Portland Estates in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 409.80.

Check Out Our Latest Stock Report on GPE

Great Portland Estates Stock Performance

LON GPE opened at GBX 307 on Wednesday. Great Portland Estates has a 12 month low of GBX 260 and a 12 month high of GBX 369. The stock has a 50-day simple moving average of GBX 326.25 and a 200 day simple moving average of GBX 330.20. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. The company has a market capitalization of £1.24 billion, a PE ratio of 10.20, a P/E/G ratio of 2.22 and a beta of 0.80.

Insider Buying and Selling

In related news, insider Nick Sanderson purchased 88 shares of Great Portland Estates stock in a transaction dated Friday, October 31st. The stock was bought at an average price of GBX 336 per share, for a total transaction of £295.68. Also, insider William Eccleshare acquired 4,000 shares of the stock in a transaction dated Thursday, November 20th. The shares were bought at an average cost of GBX 310 per share, with a total value of £12,400. Over the last three months, insiders have purchased 4,419 shares of company stock valued at $1,374,630. 1.53% of the stock is owned by company insiders.

Great Portland Estates Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Great Portland Estates (LON:GPE)

Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.