Insider Buying: Great Portland Estates (LON:GPE) Insider Buys 32,330 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam bought 32,330 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was bought at an average cost of GBX 309 per share, with a total value of £99,899.70.

Great Portland Estates Stock Down 1.0%

Shares of Great Portland Estates stock traded down GBX 3 during trading on Wednesday, reaching GBX 309.50. The company had a trading volume of 657,156 shares, compared to its average volume of 3,695,912. The company has a debt-to-equity ratio of 53.27, a quick ratio of 0.46 and a current ratio of 1.80. Great Portland Estates Plc has a fifty-two week low of GBX 263.50 and a fifty-two week high of GBX 377. The firm’s fifty day moving average is GBX 339.42 and its 200-day moving average is GBX 325.97. The company has a market cap of £1.25 billion, a price-to-earnings ratio of 8.48, a price-to-earnings-growth ratio of 2.22 and a beta of 0.82.

Analyst Upgrades and Downgrades

GPE has been the topic of a number of research analyst reports. Berenberg Bank increased their target price on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a report on Tuesday, January 27th. Peel Hunt reissued a “buy” rating and set a GBX 375 price target on shares of Great Portland Estates in a research report on Tuesday, November 18th. Jefferies Financial Group raised their price objective on Great Portland Estates from GBX 332 to GBX 342 and gave the stock a “hold” rating in a research note on Wednesday, November 19th. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a report on Thursday, January 15th. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 440 target price on shares of Great Portland Estates in a research note on Wednesday, November 19th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 408.80.

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.