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

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld bought 48 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was purchased at an average price of GBX 316 per share, for a total transaction of £151.68.

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

• On Friday, August 29th, Toby Courtauld bought 49 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 307 per share, for a total transaction of £150.43.
• On Thursday, July 31st, Toby Courtauld bought 44 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 339 per share, for a total transaction of £149.16.

Great Portland Estates Trading Up 1.9%

LON GPE opened at GBX 329 on Friday. The stock has a market capitalization of £1.33 billion, a price-to-earnings ratio of 1,093.02, a PEG ratio of 2.22 and a beta of 0.80. The stock’s 50 day moving average price is GBX 316.61 and its two-hundred day moving average price is GBX 321.60. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. Great Portland Estates Plc has a 52 week low of GBX 260 and a 52 week high of GBX 369.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GPE. Jefferies Financial Group reiterated a “hold” rating and set a GBX 315 price objective on shares of Great Portland Estates in a research note on Thursday, August 7th. Peel Hunt reiterated a “buy” rating and set a GBX 375 price objective on shares of Great Portland Estates in a research note on Thursday, July 3rd. Finally, Shore Capital reiterated a “buy” rating and set a GBX 510 price objective on shares of Great Portland Estates in a research note on Friday, September 5th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.