Insider Buying: Great Portland Estates (LON:GPE) Insider Buys £150.43 in Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson purchased 49 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was bought at an average cost of GBX 307 per share, with a total value of £150.43.

Nick Sanderson also recently made the following trade(s):

• On Thursday, July 31st, Nick Sanderson purchased 44 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 339 per share, with a total value of £149.16.
• On Monday, June 30th, Nick Sanderson purchased 41 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 364 per share, with a total value of £149.24.

Great Portland Estates Stock Performance

Shares of Great Portland Estates stock opened at GBX 295 on Thursday. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The firm has a market cap of £1.19 billion, a P/E ratio of 980.07, a P/E/G ratio of 2.22 and a beta of 0.80. The firm has a 50 day simple moving average of GBX 333 and a 200 day simple moving average of GBX 317. Great Portland Estates Plc has a fifty-two week low of GBX 260 and a fifty-two week high of GBX 371.50.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 375 price target on shares of Great Portland Estates in a report on Thursday, July 3rd. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a research note on Thursday, July 3rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 357.33.

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.