Great Portland Estates (LON:GPE) Stock: Insider Dan Nicholson Buys 47 Shares

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 47 shares of Great Portland Estates stock in a transaction dated Wednesday, September 30th. The stock was purchased at an average cost of GBX 318 per share, with a total value of £149.46.

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

• On Friday, August 28th, Dan Nicholson purchased 44 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 340 per share, for a total transaction of £149.60.
• On Friday, July 31st, Dan Nicholson acquired 43 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 354 per share, with a total value of £152.22.

Great Portland Estates Stock Performance

Shares of GPE traded down GBX 9.40 during mid-day trading on Thursday, reaching GBX 301.60. 833,862 shares of the company’s stock were exchanged, compared to its average volume of 3,760,768. The business’s fifty day simple moving average is GBX 333.09 and its 200-day simple moving average is GBX 320.14. The stock has a market capitalization of £1.22 billion, a PE ratio of 7.92, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. Great Portland Estates Plc has a 52-week low of GBX 270 and a 52-week high of GBX 377. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 334 target price on shares of Great Portland Estates in a report on Thursday, July 2nd. Berenberg Bank dropped their price target on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research report on Monday, June 22nd. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 373.

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.