Great Portland Estates (LON:GPE) Insider Buys £151.68 in Stock

Key Points

• Insider Toby Courtauld purchased 48 shares of Great Portland Estates at an average cost of GBX 316 per share, totaling £151.68.
• Great Portland Estates' stock reached GBX 320.97 during trading, with a market capitalization of £1.29 billion and a 12-month high of GBX 369.
• Shore Capital and Peel Hunt both reaffirmed a "buy" rating for the stock with target prices of GBX 510 and GBX 375, respectively.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Toby Courtauld acquired 48 shares of the business's stock in a transaction on Tuesday, September 30th. The stock was acquired at an average cost of GBX 316 per share, with a total value of £151.68.

Toby Courtauld also recently made the following trade(s):

• On Friday, August 29th, Toby Courtauld acquired 49 shares of Great Portland Estates stock. The stock was acquired at an average cost of GBX 307 per share, with a total value of £150.43.
• On Thursday, July 31st, Toby Courtauld acquired 44 shares of Great Portland Estates stock. The stock was acquired at an average cost of GBX 339 per share, with a total value of £149.16.

Great Portland Estates Stock Performance

LON GPE traded up GBX 2.47 during trading on Wednesday, reaching GBX 320.97. The company's stock had a trading volume of 479,794 shares, compared to its average volume of 1,894,449. The firm has a 50 day moving average price of GBX 317.74 and a 200 day moving average price of GBX 321.20. Great Portland Estates Plc has a 12 month low of GBX 260 and a 12 month high of GBX 369. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. The firm has a market capitalization of £1.29 billion, a price-to-earnings ratio of 1,066.36, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Shore Capital reaffirmed a "buy" rating and set a GBX 510 price target on shares of Great Portland Estates in a report on Friday, September 5th. Peel Hunt reaffirmed a "buy" rating and set a GBX 375 price target on shares of Great Portland Estates in a report on Thursday, July 3rd. Finally, Jefferies Financial Group reiterated a "hold" rating and set a GBX 315 price objective on shares of Great Portland Estates in a research report on Thursday, August 7th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 395.50.

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.

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