Insider Selling: Great Portland Estates Plc (LON:GPE) Insider Sells £25,362.24 in Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson sold 7,288 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of GBX 348 ($4.55), for a total transaction of £25,362.24 ($33,166.26).

Great Portland Estates Stock Up 2.7 %

Great Portland Estates stock opened at GBX 361 ($4.72) on Friday. Great Portland Estates Plc has a twelve month low of GBX 327.50 ($4.28) and a twelve month high of GBX 457.40 ($5.98). 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 firm has a market cap of £1.46 billion, a PE ratio of -357.43, a P/E/G ratio of 2.22 and a beta of 0.80. The firm’s 50 day moving average price is GBX 344.81 and its two-hundred day moving average price is GBX 365.03.

Analyst Ratings Changes

GPE has been the subject of several research analyst reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 300 ($3.92) price target on shares of Great Portland Estates in a research report on Thursday, June 13th. Deutsche Bank Aktiengesellschaft reduced their target price on Great Portland Estates from GBX 500 ($6.54) to GBX 440 ($5.75) and set a “buy” rating for the company in a report on Wednesday, July 3rd. Finally, Shore Capital reiterated a “buy” rating on shares of Great Portland Estates in a report on Thursday, July 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Great Portland Estates presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 423.25 ($5.53).

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.