British Land (LON:BLND) Insider David Walker Purchases 39 Shares

British Land Company PLC (LON:BLND) insider David Walker purchased 39 shares of the stock in a transaction dated Friday, November 14th. The stock was acquired at an average cost of GBX 383 per share, for a total transaction of £149.37.

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

• On Tuesday, October 14th, David Walker acquired 41 shares of British Land stock. The stock was acquired at an average price of GBX 365 per share, with a total value of £149.65.
• On Monday, September 15th, David Walker bought 44 shares of British Land stock. The shares were acquired at an average cost of GBX 336 per share, for a total transaction of £147.84.

British Land Trading Down 0.6%

LON:BLND opened at GBX 377.66 on Wednesday. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 413.80. The stock’s fifty day moving average price is GBX 366.25 and its two-hundred day moving average price is GBX 367.23. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25. The company has a market cap of £3.78 billion, a P/E ratio of 10.79, a P/E/G ratio of 6.76 and a beta of 1.55.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BLND. Shore Capital reissued a “hold” rating on shares of British Land in a report on Wednesday, October 15th. Jefferies Financial Group upped their price target on British Land from GBX 298 to GBX 308 and gave the company an “underperform” rating in a research report on Tuesday, October 28th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 495 price objective on shares of British Land in a research report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 427.67.

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.