British Land (LON:BLND) Insider David Walker Buys 37 Shares of Stock

British Land Company PLC (LON:BLND) insider David Walker purchased 37 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were bought at an average cost of GBX 395 per share, for a total transaction of £146.15.

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

• On Friday, November 14th, David Walker acquired 39 shares of British Land stock. The shares were bought at an average cost of GBX 383 per share, with a total value of £149.37.

British Land Trading Up 2.0%

LON:BLND opened at GBX 412.20 on Friday. British Land Company PLC has a 12-month low of GBX 318.60 and a 12-month high of GBX 423. The company has a current ratio of 0.59, a quick ratio of 0.25 and a debt-to-equity ratio of 44.14. The stock’s 50 day simple moving average is GBX 395.46 and its 200-day simple moving average is GBX 369.03. The firm has a market cap of £4.12 billion, a P/E ratio of 9.14, a PEG 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 earnings per share for the quarter. British Land had a net margin of 171.35% and a return on equity of 18.53%. Equities analysts anticipate that British Land Company PLC will post 29.375 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BLND shares. Peel Hunt reissued a “buy” rating and issued a GBX 495 price target on shares of British Land in a report on Wednesday, October 15th. Jefferies Financial Group restated an “underperform” rating and set a GBX 308 target price on shares of British Land in a research report on Thursday, November 20th. Berenberg Bank reiterated a “buy” rating and issued a GBX 506 price target on shares of British Land in a report on Wednesday, November 19th. Panmure Gordon reissued a “hold” rating and set a GBX 424 price objective on shares of British Land in a report on Thursday, November 20th. Finally, Shore Capital reaffirmed a “hold” rating on shares of British Land in a report on Wednesday, November 19th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 433.25.

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.