Great Portland Estates (LON:GPE) Insider Dan Nicholson Purchases 49 Shares

Key Points

• Insider purchase: Dan Nicholson acquired 49 shares on April 30 at an average price of GBX 304 per share (total £148.96).
• Market snapshot and analyst view: GPE traded at GBX 308.83 (down 0.1%) on a surge in volume to 27,219,023 vs an average of 4,214,440, carries a £1.25bn market cap and a consensus rating of Moderate Buy with a price target of GBX 400.88.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson acquired 49 shares of the stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Trading Down 0.1%

Great Portland Estates stock traded down GBX 0.38 during trading hours on Friday, hitting GBX 308.83. The company had a trading volume of 27,219,023 shares, compared to its average volume of 4,214,440. The firm has a market cap of £1.25 billion, a P/E ratio of 8.46, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 53.27, a quick ratio of 0.46 and a current ratio of 1.80. Great Portland Estates Plc has a 1 year low of GBX 270 and a 1 year high of GBX 377. The company has a 50-day moving average price of GBX 310.84 and a two-hundred day moving average price of GBX 324.14.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GPE shares. Stifel Nicolaus reissued a "hold" rating and issued a GBX 370 price objective on shares of Great Portland Estates in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 450 price objective on shares of Great Portland Estates in a research report on Thursday, April 16th. Berenberg Bank boosted their price objective on shares of Great Portland Estates from GBX 297 to GBX 377 and gave the company a "hold" rating in a research report on Tuesday, January 27th. The Goldman Sachs Group lowered their price objective on shares of Great Portland Estates from GBX 370 to GBX 340 and set a "neutral" rating for the company in a research report on Monday, March 30th. Finally, Jefferies Financial Group reissued a "hold" rating and issued a GBX 345 price objective on shares of Great Portland Estates in a research report on Thursday, April 9th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 400.88.

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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