Key Points
- Insider Dan Nicholson purchased 44 Great Portland Estates shares at GBX 340 each, for a total of £149.60. This follows purchases of 43 shares in July and 45 shares in June.
- Great Portland Estates shares opened at GBX 332.60, down 1.5%, with a market capitalization of approximately £1.34 billion and a 52-week range of GBX 270 to GBX 377.
- Analysts maintain an average “Hold” rating, with four Buy, four Hold, and one Sell recommendation and an average price target of GBX 388.22.
Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson acquired 44 shares of the company's stock in a transaction dated Friday, August 28th. The stock was acquired at an average cost of GBX 340 per share, with a total value of £149.60.
Dan Nicholson also recently made the following trade(s):
- On Friday, July 31st, Dan Nicholson purchased 43 shares of Great Portland Estates stock. The stock was acquired at an average cost of GBX 354 per share, for a total transaction of £152.22.
- On Tuesday, June 30th, Dan Nicholson purchased 45 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 334 per share, with a total value of £150.30.
Great Portland Estates Trading Down 1.5%
Shares of GPE opened at GBX 332.60 on Wednesday. The firm has a market cap of £1.34 billion, a P/E ratio of 8.73, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46. Great Portland Estates Plc has a 1 year low of GBX 270 and a 1 year high of GBX 377. The company has a 50 day simple moving average of GBX 343.05 and a two-hundred day simple moving average of GBX 323.11.
Great Portland Estates (LON:GPE - Get Free Report) last released its earnings results on Thursday, June 25th. The company reported GBX 3.90 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 GBX 5,460 million for the quarter. On average, equities analysts expect that Great Portland Estates Plc will post 6.1719457 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have commented on GPE. Berenberg Bank dropped their price objective on shares of Great Portland Estates from GBX 377 to GBX 360 and set a "hold" rating for the company in a report on Monday, June 22nd. UBS Group reaffirmed a "sell" rating and issued a GBX 315 target price on shares of Great Portland Estates in a report on Monday, May 18th. Shore Capital Group reissued a "buy" rating on shares of Great Portland Estates in a research note on Friday, May 8th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 334 price objective on shares of Great Portland Estates in a research note on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of GBX 388.22.
View Our Latest Research Report on Great Portland Estates
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.
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