Dan Nicholson Purchases 48 Shares of Great Portland Estates (LON:GPE) Stock

Key Points

• Insider Dan Nicholson purchased 48 shares of Great Portland Estates at an average cost of GBX 307 per share, totaling £147.36.
• The current market trend shows Great Portland Estates stock trading down 0.3% at GBX 304.50, with a market capitalization of £1.23 billion.
• Analysts maintain a consensus rating of "Moderate Buy" for Great Portland Estates, with a target price averaging around GBX 357.33.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson bought 48 shares of Great Portland Estates stock in a transaction dated Friday, August 29th. The stock was acquired at an average cost of GBX 307 per share, for a total transaction of £147.36.

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

• On Thursday, July 31st, Dan Nicholson acquired 45 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 339 per share, for a total transaction of £152.55.
• On Monday, June 30th, Dan Nicholson acquired 41 shares of Great Portland Estates stock. The shares were bought at an average cost of GBX 364 per share, with a total value of £149.24.

Great Portland Estates Trading Down 0.3%

GPE traded down GBX 1 during midday trading on Monday, reaching GBX 304.50. 345,868 shares of the company were exchanged, compared to its average volume of 1,810,221. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. The stock has a market capitalization of £1.23 billion, a P/E ratio of 1,011.63, a PEG ratio of 2.22 and a beta of 0.80. The stock's 50-day simple moving average is GBX 336.41 and its 200 day simple moving average is GBX 317.25. Great Portland Estates Plc has a one year low of GBX 260 and a one year high of GBX 371.50.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 315 target price on shares of Great Portland Estates in a report on Thursday, August 7th. Shore Capital reaffirmed a "buy" rating on shares of Great Portland Estates in a research note on Thursday, July 3rd. Finally, Peel Hunt reiterated a "buy" rating and set a GBX 375 target price on shares of Great Portland Estates in a report on Thursday, July 3rd. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 357.33.

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.

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