Great Portland Estates (LON:GPE) Receives "Buy" Rating from Shore Capital

Great Portland Estates (LON:GPE - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Shore Capital in a research report issued on Thursday, Marketbeat reports.

Great Portland Estates Trading Up 2.3%

Shares of GPE stock traded up GBX 7.88 ($0.11) on Thursday, hitting GBX 348.38 ($4.76). The company had a trading volume of 538,319 shares, compared to its average volume of 2,111,649. Great Portland Estates has a twelve month low of GBX 260 ($3.55) and a twelve month high of GBX 371.50 ($5.07). 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 firm has a market cap of £1.40 billion, a P/E ratio of 3.47, a P/E/G ratio of 2.22 and a beta of 0.80. The stock's 50-day moving average is GBX 335.09 and its two-hundred day moving average is GBX 302.24.

Great Portland Estates (LON:GPE - Get Free Report) last announced its earnings results on Wednesday, May 21st. The company reported GBX 5.30 ($0.07) earnings per share for the quarter. Great Portland Estates had a return on equity of 15.50% and a net margin of 172.83%. On average, equities research analysts anticipate that Great Portland Estates will post 6.1719457 earnings per share for the current fiscal year.

Insider Buying and Selling at Great Portland Estates

In related news, insider Nick Sanderson sold 12,735 shares of Great Portland Estates stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 327 ($4.46), for a total transaction of £41,643.45 ($56,851.13). Also, insider Toby Courtauld sold 18,510 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of GBX 327 ($4.46), for a total transaction of £60,527.70 ($82,631.67). Over the last quarter, insiders have bought 304 shares of company stock worth $104,377 and have sold 35,994 shares worth $11,770,038. Company insiders own 1.43% of the company's stock.

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.