Great Portland Estates Plc (LON:GPE) Insider Dan Nicholson Acquires 3,040 Shares

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 3,040 shares of Great Portland Estates stock in a transaction on Friday, September 27th. The stock was bought at an average cost of GBX 360 ($4.82) per share, for a total transaction of £10,944 ($14,654.53).

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

• On Friday, August 30th, Dan Nicholson bought 45 shares of Great Portland Estates stock. The shares were purchased at an average price of GBX 3,395 ($45.46) per share, for a total transaction of £1,527.75 ($2,045.73).

Great Portland Estates Stock Down 2.2 %

Shares of LON:GPE opened at GBX 353 ($4.73) on Monday. The firm has a 50 day simple moving average of GBX 348.43 and a 200-day simple moving average of GBX 364.44. Great Portland Estates Plc has a twelve month low of GBX 327.50 ($4.39) and a twelve month high of GBX 457.40 ($6.12). 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 market capitalization of £1.43 billion, a PE ratio of -357.43, a P/E/G ratio of 2.22 and a beta of 0.80.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Great Portland Estates from GBX 500 ($6.70) to GBX 440 ($5.89) and set a “buy” rating for the company in a research note on Wednesday, July 3rd. Jefferies Financial Group reiterated a “hold” rating and set a GBX 300 ($4.02) target price on shares of Great Portland Estates in a research note on Thursday, June 13th. Finally, Shore Capital reissued a “buy” rating on shares of Great Portland Estates in a report on Thursday, July 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 423.25 ($5.67).

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.