British Land (LON:BLND) Insider Buys £151.33 in Stock

British Land Company PLC (LON:BLND) insider David Walker purchased 37 shares of the stock in a transaction dated Wednesday, October 14th. The stock was acquired at an average cost of GBX 409 per share, for a total transaction of £151.33.

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

• On Friday, August 14th, David Walker acquired 35 shares of British Land stock. The stock was acquired at an average price of GBX 438 per share, for a total transaction of £153.30.

British Land Trading Down 1.2%

British Land stock opened at GBX 417.40 on Monday. The firm has a market capitalization of £4.28 billion, a PE ratio of 9.21, a PEG ratio of 6.76 and a beta of 1.18. British Land Company PLC has a 52 week low of GBX 335.40 and a 52 week high of GBX 451.60. The business’s 50-day simple moving average is GBX 410.87 and its 200-day simple moving average is GBX 406.90. The company has a debt-to-equity ratio of 52.34, a quick ratio of 0.25 and a current ratio of 0.15.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 331 target price on shares of British Land in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of GBX 443.62.

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.