Great Portland Estates Plc (LON:GPE) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Brokerages have given Great Portland Estates an average rating of "Moderate Buy" (four analysts hold, four buy) with an average 12‑month price target of GBX 400.88.
• Company insiders have been buying recently — Peter Duffy purchased 19,965 shares at GBX 343 and Jayne Cottam 32,330 shares at GBX 309, totaling 52,410 shares acquired in the last three months; insiders now own 1.53% of the stock.
• The stock is trading around GBX 314.40 with a market cap of £1.27 billion, a PE ratio of 8.61, and a 52‑week range of GBX 270–377.

Shares of Great Portland Estates Plc (LON:GPE - Get Free Report) have been given an average rating of "Moderate Buy" by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 400.88.

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 450 price target on shares of Great Portland Estates in a research note on Thursday, April 16th. Shore Capital Group reaffirmed a "buy" rating on shares of Great Portland Estates in a research note on Thursday, January 15th. The Goldman Sachs Group dropped their price target on Great Portland Estates from GBX 370 to GBX 340 and set a "neutral" rating for the company in a research note on Monday, March 30th. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 345 price target on shares of Great Portland Estates in a research note on Thursday, April 9th. Finally, Berenberg Bank boosted their price target on Great Portland Estates from GBX 297 to GBX 377 and gave the company a "hold" rating in a research note on Tuesday, January 27th.

Great Portland Estates Stock Down 0.8%

GPE stock opened at GBX 314.40 on Friday. The company has a market cap of £1.27 billion, a PE ratio of 8.61, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The business has a 50-day simple moving average of GBX 313.07 and a 200 day simple moving average of GBX 324.42. Great Portland Estates has a 52 week low of GBX 270 and a 52 week high of GBX 377. The company has a quick ratio of 0.46, a current ratio of 1.80 and a debt-to-equity ratio of 53.27.

Insider Activity

In other Great Portland Estates news, insider Peter Duffy bought 19,965 shares of the stock in a transaction on Monday, March 2nd. The stock was purchased at an average price of GBX 343 per share, with a total value of £68,479.95. Also, insider Jayne Cottam bought 32,330 shares of the stock in a transaction on Tuesday, March 17th. The shares were acquired at an average cost of GBX 309 per share, with a total value of £99,899.70. In the last three months, insiders have acquired 52,410 shares of company stock valued at $16,879,510. Insiders own 1.53% of the company's stock.

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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