Great Portland Estates (LON:GPE) Stock: Insider Dan Nicholson Purchases 44 Shares

Key Points

• Insider purchase: Great Portland Estates insider Dan Nicholson bought 44 shares at GBX 337 each, worth £148.28. This follows purchases of 47 shares in September and 44 shares in August.
• Stock performance: Shares opened at GBX 348.80, with a market capitalization of £1.41 billion and a 12-month trading range of GBX 270 to GBX 377.
• Analyst outlook: Jefferies reaffirmed a “Buy” rating with a GBX 351 target price, while the broader analyst consensus remains “Hold,” with an average target of GBX 375.12.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson purchased 44 shares of the stock in a transaction on Friday, October 30th. The shares were purchased at an average price of GBX 337 per share, with a total value of £148.28.

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

• On Wednesday, September 30th, Dan Nicholson acquired 47 shares of Great Portland Estates stock. The stock was purchased at an average cost of GBX 318 per share, for a total transaction of £149.46.
• On Friday, August 28th, Dan Nicholson acquired 44 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 340 per share, for a total transaction of £149.60.

Great Portland Estates Price Performance

Great Portland Estates stock opened at GBX 348.80 on Tuesday. The stock has a market cap of £1.41 billion, a P/E ratio of 9.15, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a fifty day simple moving average of GBX 319.70 and a 200-day simple moving average of GBX 324.91. Great Portland Estates Plc has a 12-month low of GBX 270 and a 12-month high of GBX 377. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 351 target price on shares of Great Portland Estates in a report on Thursday, October 15th. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Great Portland Estates presently has a consensus rating of "Hold" and an average target price of GBX 375.12.

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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