Great Portland Estates (LON:GPE) Insider Buys £149.76 in Stock

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld purchased 48 shares of the business’s stock in a transaction on Friday, May 29th. The stock was purchased at an average cost of GBX 312 per share, with a total value of £149.76.

Toby Courtauld also recently made the following trade(s):

• On Thursday, April 30th, Toby Courtauld acquired 49 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Stock Performance

Shares of LON:GPE traded down GBX 3.20 during midday trading on Tuesday, reaching GBX 309.20. 548,773 shares of the company’s stock were exchanged, compared to its average volume of 5,000,382. The company’s 50 day simple moving average is GBX 303.71 and its two-hundred day simple moving average is GBX 319.34. Great Portland Estates Plc has a 12 month low of GBX 270 and a 12 month high of GBX 377. The firm has a market capitalization of £1.25 billion, a PE ratio of 8.47, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92.

Great Portland Estates (LON:GPE) last posted its earnings results on Friday, May 22nd. The company reported GBX 8.60 earnings per share for the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. The business had revenue of £117.90 million for the quarter. On average, research analysts anticipate that Great Portland Estates Plc will post 6.1719457 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on GPE shares. Stifel Nicolaus reiterated a “hold” rating and set a GBX 370 target price on shares of Great Portland Estates in a research report on Wednesday, April 15th. UBS Group reissued a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Berenberg Bank restated a “hold” rating and issued a GBX 377 target price on shares of Great Portland Estates in a research note on Thursday, May 21st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 334 price target on shares of Great Portland Estates in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Great Portland Estates has an average rating of “Hold” and an average price target of GBX 390.11.

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.