Great Portland Estates (LON:GPE) Earns “Buy” Rating from Peel Hunt

Great Portland Estates (LON:GPE)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 375 price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 19.05% from the company’s current price.

GPE has been the subject of several other research reports. Jefferies Financial Group raised their price objective on shares of Great Portland Estates from GBX 315 to GBX 332 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Shore Capital restated a “buy” rating on shares of Great Portland Estates in a research report on Tuesday. 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 399.75.

Great Portland Estates Price Performance

Shares of GPE traded down GBX 6.50 during trading hours on Tuesday, hitting GBX 315. The stock had a trading volume of 1,437,978 shares, compared to its average volume of 1,795,847. The stock has a market capitalization of £1.27 billion, a price-to-earnings ratio of 10.47, a P/E/G ratio of 2.22 and a beta of 0.80. 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 company’s fifty day moving average is GBX 325.63 and its two-hundred day moving average is GBX 330.63. Great Portland Estates has a 52 week low of GBX 260 and a 52 week high of GBX 369.

Insider Activity

In related news, insider Nick Sanderson bought 88 shares of Great Portland Estates stock in a transaction dated Friday, October 31st. The shares were bought at an average cost of GBX 336 per share, for a total transaction of £295.68. Insiders have purchased 419 shares of company stock worth $134,630 in the last quarter. 1.53% of the stock is currently owned by corporate insiders.

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.