British Land (LON:BLND) Insider David Walker Purchases 40 Shares

British Land Company PLC (LON:BLND) insider David Walker acquired 40 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was acquired at an average price of GBX 383 per share, with a total value of £153.20.

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

• On Monday, March 16th, David Walker purchased 41 shares of British Land stock. The stock was acquired at an average price of GBX 367 per share, with a total value of £150.47.
• On Monday, February 16th, David Walker purchased 37 shares of British Land stock. The stock was bought at an average price of GBX 406 per share, with a total value of £150.22.

British Land Price Performance

LON:BLND traded up GBX 2.50 during trading hours on Thursday, reaching GBX 394.20. 3,050,539 shares of the company were exchanged, compared to its average volume of 15,659,854. The business has a 50 day moving average of GBX 384.34 and a 200 day moving average of GBX 388.10. British Land Company PLC has a 1-year low of GBX 318.60 and a 1-year high of GBX 432. The company has a debt-to-equity ratio of 47.52, a current ratio of 0.28 and a quick ratio of 0.25. The company has a market capitalization of £3.94 billion, a P/E ratio of 8.74, a P/E/G ratio of 6.76 and a beta of 1.16.

Analyst Ratings Changes

Several research firms have recently issued reports on BLND. The Goldman Sachs Group decreased their price target on British Land from GBX 510 to GBX 470 and set a “buy” rating on the stock in a research report on Monday, March 30th. Shore Capital Group reaffirmed a “hold” rating on shares of British Land in a research report on Thursday, January 29th. Finally, Berenberg Bank increased their price objective on shares of British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a research note on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 447.20.

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. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.