British Land (LON:BLND) Insider Buys £149.65 in Stock

British Land Company PLC (LON:BLND) insider David Walker acquired 41 shares of the company’s stock in a transaction dated Tuesday, October 14th. The stock was acquired at an average cost of GBX 365 per share, with a total value of £149.65.

David Walker also recently made the following trade(s):

• On Monday, September 15th, David Walker purchased 44 shares of British Land stock. The shares were purchased at an average cost of GBX 336 per share, with a total value of £147.84.
• On Thursday, August 14th, David Walker purchased 44 shares of British Land stock. The shares were purchased at an average cost of GBX 344 per share, with a total value of £151.36.
• On Monday, July 21st, David Walker sold 23,267 shares of British Land stock. The shares were sold at an average price of GBX 358, for a total value of £83,295.86.

British Land Price Performance

LON:BLND opened at GBX 372.20 on Friday. The firm has a market capitalization of £3.72 billion, a price-to-earnings ratio of 1,063.43, a PEG ratio of 6.76 and a beta of 1.55. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 436.40. The business has a 50 day simple moving average of GBX 344.89 and a 200-day simple moving average of GBX 364.62. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25.

Analyst Ratings Changes

Several brokerages recently weighed in on BLND. Peel Hunt restated a “buy” rating and set a GBX 495 target price on shares of British Land in a research note on Wednesday. Shore Capital restated a “hold” rating on shares of British Land in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, British Land has a consensus rating of “Moderate Buy” and a consensus target price of GBX 487.50.

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.