Great Portland Estates (LON:GPE) Insider Dan Nicholson Purchases 47 Shares

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson acquired 47 shares of the stock in a transaction dated Wednesday, December 31st. The stock was bought at an average price of GBX 315 per share, for a total transaction of £148.05.

Dan Nicholson also recently made the following trade(s):

• On Friday, October 31st, Dan Nicholson purchased 45 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 336 per share, for a total transaction of £151.20.

Great Portland Estates Price Performance

Shares of LON GPE traded down GBX 4 during midday trading on Friday, reaching GBX 314.50. 6,275,608 shares of the company traded hands, compared to its average volume of 2,280,656. Great Portland Estates Plc has a 12 month low of GBX 260 and a 12 month high of GBX 369. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. The stock’s 50-day simple moving average is GBX 320.94 and its 200-day simple moving average is GBX 326.08. The firm has a market cap of £1.27 billion, a PE ratio of 8.62, a PEG ratio of 2.22 and a beta of 0.80.

Analysts Set New Price Targets

A number of research firms have commented on GPE. Panmure Gordon reissued a “buy” rating and issued a GBX 440 price objective on shares of Great Portland Estates in a research note on Wednesday, November 19th. Peel Hunt reissued a “buy” rating and set a GBX 375 price objective on shares of Great Portland Estates in a report on Tuesday, November 18th. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a research note on Tuesday, November 18th. Finally, Jefferies Financial Group raised their price target on shares of Great Portland Estates from GBX 332 to GBX 342 and gave the company a “hold” rating in a report on Wednesday, November 19th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Great Portland Estates presently has an average rating of “Moderate Buy” and a consensus price target of GBX 416.75.

Great Portland Estates Company Profile

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.