Insider Buying: Great Portland Estates (LON:GPE) Insider Buys £149.46 in Stock

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam purchased 47 shares of Great Portland Estates stock in a transaction on Wednesday, September 30th. The stock was bought at an average price of GBX 318 per share, for a total transaction of £149.46.

Jayne Cottam also recently made the following trade(s):

• On Friday, August 28th, Jayne Cottam acquired 44 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 340 per share, for a total transaction of £149.60.

Great Portland Estates Trading Down 3.0%

GPE stock traded down GBX 9.40 during trading on Thursday, hitting GBX 301.60. The company had a trading volume of 833,862 shares, compared to its average volume of 3,760,768. The stock has a market cap of £1.22 billion, a PE ratio of 7.92, a PEG ratio of 2.22 and a beta of 0.91. The business has a 50-day moving average of GBX 333.09 and a 200-day moving average of GBX 320.14. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28. Great Portland Estates Plc has a one year low of GBX 270 and a one year high of GBX 377.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GPE. Berenberg Bank cut their price target on shares of 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. Jefferies Financial Group reissued a “hold” rating and issued a GBX 334 price target on shares of Great Portland Estates in a research note on Thursday, July 2nd. Four investment 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. According to data from MarketBeat, Great Portland Estates has a consensus rating of “Hold” and a consensus price target of GBX 373.

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.