Great Portland Estates (LON:GPE) Insider Jayne Cottam Purchases 44 Shares

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam purchased 44 shares of Great Portland Estates stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average price of GBX 340 per share, for a total transaction of £149.60.

Great Portland Estates Stock Down 2.1%

Great Portland Estates stock traded down GBX 7 during trading hours on Tuesday, hitting GBX 330.60. 4,348,990 shares of the stock traded hands, compared to its average volume of 4,097,280. Great Portland Estates Plc has a one year low of GBX 270 and a one year high of GBX 377. The company has a market cap of £1.33 billion, a PE ratio of 8.68, a PEG ratio of 2.22 and a beta of 0.91. The firm’s 50-day moving average price is GBX 342.71 and its two-hundred day moving average price is GBX 323.25. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28.

Great Portland Estates (LON:GPE) last issued its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. The company had revenue of GBX 5,460 million for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%. On average, research analysts forecast that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on GPE shares. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. Jefferies Financial Group restated a “hold” rating and set a GBX 334 price objective on shares of Great Portland Estates in a research note on Thursday, July 2nd. Berenberg Bank dropped their target price on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research note on Monday, June 22nd. Finally, UBS Group restated a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Great Portland Estates presently has an average rating of “Hold” and a consensus target price of GBX 388.22.

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.