Great Portland Estates Plc (LON:GPE) Insider Acquires £148.50 in Stock

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld bought 54 shares of the stock in a transaction on Friday, February 28th. The stock was purchased at an average price of GBX 275 ($3.49) per share, for a total transaction of £148.50 ($188.72).

Great Portland Estates Price Performance

LON GPE opened at GBX 271 ($3.44) on Tuesday. The stock has a market capitalization of £1.09 billion, a PE ratio of 2.70, a P/E/G ratio of 2.22 and a beta of 0.80. The stock has a 50-day simple moving average of GBX 281.29 and a 200 day simple moving average of GBX 311.77. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. Great Portland Estates Plc has a twelve month low of GBX 263 ($3.34) and a twelve month high of GBX 441 ($5.60).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 382 ($4.85) target price on shares of Great Portland Estates in a research report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 405.50 ($5.15).

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.