Shares of Great Portland Estates Plc (LON:GPE – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 397.33.
Several analysts recently issued reports on GPE shares. The Goldman Sachs Group reduced their price target on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research note on Monday, March 30th. Berenberg Bank lifted their target price on Great Portland Estates from GBX 297 to GBX 377 and gave the stock a “hold” rating in a report on Tuesday, January 27th. Finally, Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research note on Thursday, January 15th.
View Our Latest Stock Report on GPE
Great Portland Estates Stock Down 0.2%
Insider Activity
In related news, insider Peter Duffy purchased 19,965 shares of Great Portland Estates stock in a transaction dated Monday, March 2nd. The shares were bought at an average cost of GBX 343 per share, for a total transaction of £68,479.95. Also, insider Jayne Cottam purchased 32,330 shares of the stock in a transaction dated Tuesday, March 17th. The shares were bought at an average price of GBX 309 per share, with a total value of £99,899.70. Insiders purchased 52,410 shares of company stock worth $16,879,510 over the last ninety days. 1.53% of the stock is currently owned by insiders.
About Great Portland Estates
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.
Further Reading
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