Shore Capital Reiterates Hold Rating for Great Portland Estates (LON:GPE)

Great Portland Estates (LON:GPEGet Free Report)‘s stock had its “hold” rating reaffirmed by investment analysts at Shore Capital in a note issued to investors on Thursday, Marketbeat reports.

Great Portland Estates Stock Performance

LON GPE opened at GBX 393.80 ($4.76) on Thursday. The company has a 50-day simple moving average of GBX 414.33 and a two-hundred day simple moving average of GBX 455.18. Great Portland Estates has a 12-month low of GBX 380.80 ($4.60) and a 12-month high of GBX 605.50 ($7.32). The firm has a market cap of £999.74 million, a price-to-earnings ratio of -605.85, a PEG ratio of 3.08 and a beta of 0.84. The company has a quick ratio of 0.46, a current ratio of 0.62 and a debt-to-equity ratio of 27.48.

Insider Buying and Selling

In related news, insider Richard Stephen Mully acquired 10,000 shares of the stock in a transaction on Tuesday, August 22nd. The stock was purchased at an average price of GBX 387 ($4.68) per share, for a total transaction of £38,700 ($46,778.68). 1.81% of the stock is owned by corporate insiders.

Great Portland Estates Company Profile

(Get Free Report)

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.

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