Nick Sanderson Acquires 48 Shares of Great Portland Estates (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson acquired 48 shares of Great Portland Estates stock in a transaction on Tuesday, September 30th. The shares were bought at an average price of GBX 316 per share, for a total transaction of £151.68.

Nick Sanderson also recently made the following trade(s):

• On Friday, August 29th, Nick Sanderson bought 49 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 307 per share, with a total value of £150.43.
• On Thursday, July 31st, Nick Sanderson acquired 44 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 339 per share, for a total transaction of £149.16.

Great Portland Estates Price Performance

LON GPE opened at GBX 323 on Friday. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. The company has a 50-day moving average price of GBX 316.85 and a two-hundred day moving average price of GBX 321.37. The stock has a market cap of £1.30 billion, a price-to-earnings ratio of 1,073.09, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a 52 week low of GBX 260 and a 52 week high of GBX 369.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on GPE shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 375 price target on shares of Great Portland Estates in a research note on Thursday, July 3rd. Jefferies Financial Group restated a “hold” rating and issued a GBX 315 target price on shares of Great Portland Estates in a research report on Thursday, August 7th. Finally, Shore Capital reaffirmed a “buy” rating and set a GBX 510 price target on shares of Great Portland Estates in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 395.50.

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.