Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Acquires £148.50 in Stock

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld purchased 54 shares of the stock in a transaction dated Friday, February 28th. The shares were bought at an average cost of GBX 275 ($3.54) per share, for a total transaction of £148.50 ($191.37).

Great Portland Estates Price Performance

Great Portland Estates stock opened at GBX 266 ($3.43) on Friday. The firm has a fifty day moving average of GBX 279.98 and a 200-day moving average of GBX 310.12. Great Portland Estates Plc has a 52-week low of GBX 260 ($3.35) and a 52-week high of GBX 441 ($5.68). The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. The firm has a market capitalization of £1.07 billion, a P/E ratio of 2.65, a PEG ratio of 2.22 and a beta of 0.80.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “hold” rating and issued a GBX 382 ($4.92) price objective on shares of Great Portland Estates in a research report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 405.50 ($5.23).

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.