Great Portland Estates (LON:GPE) Insider Toby Courtauld Sells 29,288 Shares

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld sold 29,288 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £91,964.32.

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

• On Friday, May 29th, Toby Courtauld purchased 48 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 312 per share, for a total transaction of £149.76.
• On Thursday, April 30th, Toby Courtauld acquired 49 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Trading Down 1.0%

GPE stock opened at GBX 308.80 on Wednesday. The company has a market cap of £1.25 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 2.22 and a beta of 0.92. Great Portland Estates Plc has a 12 month low of GBX 270 and a 12 month high of GBX 377. The firm has a 50-day moving average of GBX 303.71 and a two-hundred day moving average of GBX 319.34.

Great Portland Estates (LON:GPE) last issued its earnings results on Friday, May 22nd. The company reported GBX 8.60 earnings per share for the quarter. The business had revenue of £117.90 million for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%. As a group, equities analysts forecast that Great Portland Estates Plc will post 6.1719457 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 450 target price on shares of Great Portland Estates in a research note on Thursday, April 16th. The Goldman Sachs Group reduced their price target on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a report on Monday, March 30th. Jefferies Financial Group reissued a “hold” rating and set a GBX 334 price target on shares of Great Portland Estates in a research report on Friday, May 29th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 377 price objective on shares of Great Portland Estates in a report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 390.11.

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.