British Land (LON:BLND) Insider David Walker Buys 41 Shares of Stock

British Land Company PLC (LON:BLND) insider David Walker purchased 41 shares of British Land stock in a transaction dated Monday, March 16th. The stock was bought at an average cost of GBX 367 per share, with a total value of £150.47.

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

• On Monday, February 16th, David Walker acquired 37 shares of British Land stock. The shares were bought at an average price of GBX 406 per share, for a total transaction of £150.22.
• On Wednesday, January 14th, David Walker bought 37 shares of British Land stock. The shares were purchased at an average cost of GBX 395 per share, for a total transaction of £146.15.

British Land Stock Performance

BLND opened at GBX 374.40 on Thursday. The company has a market capitalization of £3.74 billion, a price-to-earnings ratio of 8.30, a price-to-earnings-growth ratio of 6.76 and a beta of 1.17. The company has a debt-to-equity ratio of 47.52, a current ratio of 0.28 and a quick ratio of 0.25. British Land Company PLC has a 1-year low of GBX 318.60 and a 1-year high of GBX 432. The business has a 50 day moving average price of GBX 402.62 and a two-hundred day moving average price of GBX 384.24.

Analysts Set New Price Targets

BLND has been the subject of several research reports. Panmure Gordon reaffirmed a “hold” rating and set 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 issued a GBX 308 price target on shares of British Land in a research report on Thursday, November 20th. Shore Capital Group reissued a “hold” rating on shares of British Land in a report on Thursday, January 29th. 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 analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average 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.