Great Portland Estates (LON:GPE – Get Free Report)‘s stock had its “hold” rating reaffirmed by analysts at Berenberg Bank in a research note issued on Thursday,Digital Look reports. They currently have a GBX 382 ($4.80) price target on the stock. Berenberg Bank’s price target suggests a potential upside of 31.27% from the stock’s previous close.
Great Portland Estates Price Performance
Shares of LON GPE traded down GBX 4 ($0.05) during midday trading on Thursday, reaching GBX 291 ($3.66). The company’s stock had a trading volume of 1,609,677 shares, compared to its average volume of 976,167. Great Portland Estates has a one year low of GBX 288 ($3.62) and a one year high of GBX 441 ($5.54). The company has a market cap of £1.18 billion, a price-to-earnings ratio of -288.12, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. The company has a 50 day moving average price of GBX 310.14 and a 200 day moving average price of GBX 333.66. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52.
Insider Transactions at Great Portland Estates
In other news, insider Dan Nicholson acquired 3,040 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of GBX 360 ($4.53) per share, with a total value of £10,944 ($13,759.11). Also, insider Richard Stephen Mully acquired 14,000 shares of Great Portland Estates stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average cost of GBX 293 ($3.68) per share, with a total value of £41,020 ($51,571.54). Insiders have purchased 17,179 shares of company stock valued at $5,241,246 over the last three months. Company insiders own 1.43% of the company’s stock.
About Great Portland Estates
We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
Further Reading
- Five stocks we like better than Great Portland Estates
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Micron Stock Under $100: Seize the AI-Driven Upside
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- AI’s Next Big Winners: 3 Small-Cap Stocks to Watch in 2025
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside
Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.
