Great Portland Estates (LON:GPE) Insider Dan Nicholson Acquires 47 Shares

Key Points

  • Insider Dan Nicholson bought 47 GPE shares on Dec 31 at GBX 315 (£148.05) and had previously bought 45 shares on Oct 31 at GBX 336, indicating small but repeated insider purchases.
  • Shares opened at GBX 314.50 (down ~1.3%) and are trading below the 50‑day (GBX 320.33) and 200‑day (GBX 325.84) moving averages; the stock's 12‑month range is GBX 260–369 and market cap is ~£1.27bn with a P/E of 8.62.
  • Analysts are broadly positive with three Buys and one Hold, a consensus Moderate Buy and an average price target of GBX 416.75 (individual targets GBX 342–440).

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson acquired 47 shares of the stock in a transaction on Wednesday, December 31st. The shares were acquired at an average price of GBX 315 per share, with a total value of £148.05.

Dan Nicholson also recently made the following trade(s):

  • On Friday, October 31st, Dan Nicholson bought 45 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 336 per share, for a total transaction of £151.20.

Great Portland Estates Stock Down 1.3%

Shares of LON GPE opened at GBX 314.50 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. Great Portland Estates Plc has a 12-month low of GBX 260 and a 12-month high of GBX 369. The firm's 50-day moving average price is GBX 320.33 and its 200-day moving average price is GBX 325.84. The stock has a market capitalization of £1.27 billion, a price-to-earnings ratio of 8.62, a P/E/G ratio of 2.22 and a beta of 0.80.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GPE. Panmure Gordon reiterated a "buy" rating and issued a GBX 440 target price on shares of Great Portland Estates in a report on Wednesday, November 19th. Peel Hunt restated a "buy" rating and issued a GBX 375 price target on shares of Great Portland Estates in a research report on Tuesday, November 18th. Jefferies Financial Group lifted their price objective on shares of Great Portland Estates from GBX 332 to GBX 342 and gave the stock a "hold" rating in a research note on Wednesday, November 19th. Finally, Shore Capital reissued a "buy" rating on shares of Great Portland Estates in a research note on Tuesday, November 18th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 416.75.




View Our Latest Report on GPE

About Great Portland Estates

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Great Portland Estates (LON:GPE)

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