British Land (LON:BLND) Insider Simon Carter Acquires 37 Shares of Stock

British Land Company PLC (LON:BLND) insider Simon Carter bought 37 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was purchased at an average price of GBX 395 per share, with a total value of £146.15.

Simon Carter also recently made the following trade(s):

• On Friday, November 14th, Simon Carter bought 39 shares of British Land stock. The stock was acquired at an average cost of GBX 383 per share, for a total transaction of £149.37.

British Land Trading Up 2.0%

BLND stock opened at GBX 412.20 on Friday. The business has a fifty day moving average price of GBX 395.46 and a 200 day moving average price of GBX 369.03. British Land Company PLC has a fifty-two week low of GBX 318.60 and a fifty-two week high of GBX 423. The stock has a market capitalization of £4.12 billion, a price-to-earnings ratio of 9.14, a P/E/G ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25.

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%. Analysts expect that British Land Company PLC will post 29.375 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.