Key Points
- Insider sale: Great Portland Estates insider Dan Nicholson sold 16,037 shares on June 2 at an average price of GBX 314, totaling about £50,356.
- Recent trading activity: Nicholson also made two small purchases in late April and late May, buying 49 shares at GBX 304 and 48 shares at GBX 312, respectively.
- Analyst outlook and valuation: The stock currently carries a Hold consensus rating, with a MarketBeat consensus price target of GBX 390.11; recent analyst actions were mixed, including a lowered target from Goldman Sachs and a reiterated buy from Shore Capital.
Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson sold 16,037 shares of Great Portland Estates stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £50,356.18.
Dan Nicholson also recently made the following trade(s):
- On Friday, May 29th, Dan Nicholson purchased 48 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 312 per share, for a total transaction of £149.76.
- On Thursday, April 30th, Dan Nicholson purchased 49 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 304 per share, for a total transaction of £148.96.
Great Portland Estates Stock Performance
Great Portland Estates stock opened at GBX 306.16 on Thursday. Great Portland Estates Plc has a 12-month low of GBX 270 and a 12-month high of GBX 377. The company has a market capitalization of £1.24 billion, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46. The firm's fifty day moving average price is GBX 304.42 and its 200 day moving average price is GBX 318.93.
Great Portland Estates (LON:GPE - Get Free Report) last released its quarterly earnings results on Friday, May 22nd. The company reported GBX 8.60 earnings per share (EPS) for the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. The firm had revenue of £117.90 million for the quarter. On average, research analysts forecast that Great Portland Estates Plc will post 6.1719457 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Great Portland Estates from GBX 370 to GBX 340 and set a "neutral" rating for the company in a research report on Monday, March 30th. Stifel Nicolaus reissued a "hold" rating and issued a GBX 370 target price on shares of Great Portland Estates in a research report on Wednesday, April 15th. Shore Capital Group reiterated a "buy" rating on shares of Great Portland Estates in a research report on Friday, May 8th. UBS Group reiterated a "sell" rating and issued a GBX 315 target price on shares of Great Portland Estates in a research report on Monday, May 18th. Finally, Berenberg Bank reiterated a "hold" rating and issued a GBX 377 target price on shares of Great Portland Estates in a research report on Thursday, May 21st. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of GBX 390.11.
View Our Latest Stock Report on GPE
About Great Portland Estates
(
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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.
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