Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Buys 3,040 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 3,040 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of GBX 360 ($4.82) per share, with a total value of £10,944 ($14,654.53).

Dan Nicholson also recently made the following trade(s):

• On Friday, August 30th, Dan Nicholson acquired 45 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 3,395 ($45.46) per share, with a total value of £1,527.75 ($2,045.73).

Great Portland Estates Stock Performance

Shares of GPE opened at GBX 353 ($4.73) on Monday. The stock has a market capitalization of £1.43 billion, a P/E ratio of -357.43, a P/E/G ratio of 2.22 and a beta of 0.80. 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 1 year low of GBX 327.50 ($4.39) and a 1 year high of GBX 457.40 ($6.12). The company’s fifty day moving average is GBX 348.43 and its two-hundred day moving average is GBX 364.44.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on GPE shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 300 ($4.02) target price on shares of Great Portland Estates in a report on Thursday, June 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Great Portland Estates from GBX 500 ($6.70) to GBX 440 ($5.89) and set a “buy” rating on the stock in a research note on Wednesday, July 3rd. Finally, Shore Capital reiterated a “buy” rating on shares of Great Portland Estates in a research note on Thursday, July 4th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 423.25 ($5.67).

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.