British Land (LON:BLND) Insider Acquires £150.22 in Stock

British Land Company PLC (LON:BLND) insider David Walker acquired 37 shares of the stock in a transaction on Monday, February 16th. The shares were acquired at an average cost of GBX 406 per share, for a total transaction of £150.22.

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

• On Wednesday, January 14th, David Walker bought 37 shares of British Land stock. The stock was acquired at an average cost of GBX 395 per share, with a total value of £146.15.

British Land Price Performance

Shares of BLND opened at GBX 413.01 on Friday. The company has a debt-to-equity ratio of 44.14, a quick ratio of 0.25 and a current ratio of 0.59. British Land Company PLC has a fifty-two week low of GBX 318.60 and a fifty-two week high of GBX 432. The firm has a 50-day simple moving average of GBX 404.99 and a 200-day simple moving average of GBX 378.36. The company has a market capitalization of £4.13 billion, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55.

British Land (LON:BLND) last posted its quarterly earnings data on Wednesday, November 19th. The company reported GBX 15.40 EPS for the quarter. British Land had a return on equity of 18.53% and a net margin of 171.35%. On average, equities research analysts anticipate that British Land Company PLC will post 29.375 earnings per share for the current year.

Analysts Set New Price Targets

BLND has been the topic of a number of analyst reports. Shore Capital Group reiterated a “hold” rating on shares of British Land in a research report on Thursday, January 29th. Panmure Gordon restated a “hold” rating and issued a GBX 424 target price on shares of British Land in a research note on Thursday, November 20th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 308 price target on shares of British Land in a research note on Thursday, November 20th. Finally, Berenberg Bank raised their price objective on shares of British Land from GBX 506 to GBX 539 and gave the company a “buy” rating in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 441.50.

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. 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.