Great Portland Estates (LON:GPE) Stock Rating Reaffirmed by Shore Capital

Great Portland Estates (LON:GPE)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a research note issued to investors on Thursday, Digital Look reports.

GPE has been the topic of a number of other reports. Numis Securities restated an “add” rating and set a GBX 500 ($6.32) target price on shares of Great Portland Estates in a research report on Thursday, April 11th. Jefferies Financial Group restated a “hold” rating and issued a GBX 300 ($3.79) price objective on shares of Great Portland Estates in a report on Thursday, June 13th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Great Portland Estates presently has an average rating of “Moderate Buy” and an average price target of GBX 423.25 ($5.35).

Great Portland Estates Trading Up 1.2 %

GPE stock opened at GBX 347.50 ($4.40) on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. Great Portland Estates has a twelve month low of GBX 328.50 ($4.16) and a twelve month high of GBX 457.40 ($5.79). The company has a market cap of £1.41 billion, a P/E ratio of -330.00, a PEG ratio of 2.22 and a beta of 0.78. The business has a fifty day moving average of GBX 372.32 and a 200-day moving average of GBX 385.54.

Insider Buying and Selling

In other news, insider Mark Anderson bought 4,900 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were bought at an average cost of GBX 349 ($4.41) per share, for a total transaction of £17,101 ($21,630.41). In other Great Portland Estates news, insider Karen Green bought 5,939 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was purchased at an average cost of GBX 335 ($4.24) per share, with a total value of £19,895.65 ($25,165.25). Also, insider Mark Anderson purchased 4,900 shares of the stock in a transaction on Monday, June 3rd. The stock was acquired at an average price of GBX 349 ($4.41) per share, with a total value of £17,101 ($21,630.41). Insiders have bought 10,919 shares of company stock valued at $3,729,825 in the last 90 days. 1.65% of the stock is owned by insiders.

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.