Dan Nicholson Acquires 49 Shares of Great Portland Estates (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 49 shares of the stock in a transaction dated Thursday, April 30th. The stock was acquired at an average cost of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Stock Down 0.1%

Shares of GPE traded down GBX 0.38 during mid-day trading on Friday, hitting GBX 308.83. The company’s stock had a trading volume of 27,219,023 shares, compared to its average volume of 4,214,440. The company’s 50-day moving average is GBX 310.84 and its 200-day moving average is GBX 324.14. Great Portland Estates Plc has a 52-week low of GBX 270 and a 52-week high of GBX 377. The firm has a market capitalization of £1.25 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 2.22 and a beta of 0.90. 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 Analyst Weigh In

Several research analysts recently commented on GPE shares. The Goldman Sachs Group reduced their price objective on shares of Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research note on Monday, March 30th. Stifel Nicolaus reiterated a “hold” rating and set a GBX 370 price objective on shares of Great Portland Estates in a research note on Wednesday, April 15th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 345 price objective on shares of Great Portland Estates in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a research note on Thursday, April 16th. Finally, Shore Capital Group reiterated a “buy” rating on shares of Great Portland Estates in a research note on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Great Portland Estates has an average rating of “Moderate Buy” and a consensus price target of GBX 400.88.

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.