Great Portland Estates (LON:GPE) Stock: Insider Toby Courtauld Purchases 44 Shares

Key Points

• Insider buying: Great Portland Estates insider Toby Courtauld purchased 44 shares at GBX 337 each, worth £148.28. He also bought 45 shares in August at GBX 340 per share.
• Stock performance and valuation: GPE shares opened at GBX 348.80 and were reported down 0.9%, with a £1.41 billion market capitalization and a price-to-earnings ratio of 9.15.
• Analyst outlook: Jefferies reaffirmed a “buy” rating with a GBX 351 target, while broader analyst coverage remains mixed, resulting in a consensus “Hold” rating and a GBX 375.12 average price target.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Toby Courtauld purchased 44 shares of Great Portland Estates stock in a transaction on Friday, October 30th. The stock was bought at an average price of GBX 337 per share, for a total transaction of £148.28.

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

• On Friday, August 28th, Toby Courtauld purchased 45 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 340 per share, with a total value of £153.

Great Portland Estates Trading Down 0.9%

Shares of GPE stock opened at GBX 348.80 on Tuesday. Great Portland Estates Plc has a 1-year low of GBX 270 and a 1-year 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. The stock has a market cap of £1.41 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 2.22 and a beta of 0.91. The stock has a 50-day moving average of GBX 319.70 and a 200-day moving average of GBX 324.91.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 351 target price on shares of Great Portland Estates in a research 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.