British Land Company PLC (LON:BLND – Get Free Report) insider David Walker sold 36,209 shares of British Land stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of GBX 420, for a total transaction of £152,077.80.
David Walker also recently made the following trade(s):
- On Tuesday, April 14th, David Walker purchased 40 shares of British Land stock. The shares were acquired at an average cost of GBX 383 per share, with a total value of £153.20.
British Land Stock Performance
BLND stock traded down GBX 5.65 during midday trading on Wednesday, hitting GBX 414.95. The company’s stock had a trading volume of 9,005,530 shares, compared to its average volume of 24,741,588. The stock has a market cap of £4.25 billion, a price-to-earnings ratio of 9.16, a PEG ratio of 6.76 and a beta of 1.18. The company has a quick ratio of 0.25, a current ratio of 0.15 and a debt-to-equity ratio of 52.34. The stock’s 50-day moving average price is GBX 391.58 and its 200 day moving average price is GBX 393.61. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 432.
Wall Street Analysts Forecast Growth
BLND has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 510 price objective on shares of British Land in a report on Wednesday, April 22nd. Berenberg Bank upped their target price on shares of British Land from GBX 531 to GBX 534 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 305 price target on shares of British Land in a research report on Tuesday, June 2nd. Stifel Nicolaus reissued a “hold” rating and issued a GBX 410 target price on shares of British Land in a research note on Wednesday, May 20th. Finally, UBS Group restated a “neutral” rating and issued a GBX 440 target price on shares of British Land in a research report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, British Land has a consensus rating of “Hold” and an average target price of GBX 446.44.
View Our Latest Report on BLND
About British Land
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.
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