Great Portland Estates (LON:GPE) Insider Purchases £153 in Stock

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld bought 45 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was bought at an average price of GBX 340 per share, with a total value of £153.

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

• On Friday, July 31st, Toby Courtauld purchased 42 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 354 per share, for a total transaction of £148.68.
• On Tuesday, June 30th, Toby Courtauld purchased 45 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 334 per share, for a total transaction of £150.30.

Great Portland Estates Trading Up 0.7%

Shares of LON GPE opened at GBX 330.20 on Friday. Great Portland Estates Plc has a 12-month low of GBX 270 and a 12-month high of GBX 377. The company has a market cap of £1.33 billion, a price-to-earnings ratio of 8.67, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28. The stock’s 50 day simple moving average is GBX 343.16 and its 200 day simple moving average is GBX 322.99.

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

Analysts Set New Price Targets

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