Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Buys 54 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld purchased 54 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of GBX 275 ($3.49) per share, for a total transaction of £148.50 ($188.72).

Great Portland Estates Stock Performance

Shares of Great Portland Estates stock opened at GBX 271 ($3.44) on Tuesday. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The firm has a 50 day simple moving average of GBX 281.29 and a 200 day simple moving average of GBX 311.77. Great Portland Estates Plc has a fifty-two week low of GBX 263 ($3.34) and a fifty-two week high of GBX 441 ($5.60). The firm has a market cap of £1.09 billion, a P/E ratio of 2.70, a P/E/G ratio of 2.22 and a beta of 0.80.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “hold” rating and set a GBX 382 ($4.85) price objective on shares of Great Portland Estates in a research report on Thursday, December 19th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 405.50 ($5.15).

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.