British Land (LON:BLND) Insider Simon Carter Acquires 41 Shares of Stock

British Land Company PLC (LON:BLND) insider Simon Carter acquired 41 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were purchased at an average cost of GBX 367 per share, with a total value of £150.47.

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

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

British Land Price Performance

Shares of LON:BLND opened at GBX 374.40 on Thursday. The firm has a 50 day moving average of GBX 402.62 and a 200-day moving average of GBX 384.24. British Land Company PLC has a 12 month low of GBX 318.60 and a 12 month high of GBX 432. The company has a current ratio of 0.28, a quick ratio of 0.25 and a debt-to-equity ratio of 47.52. The stock has a market capitalization of £3.74 billion, a PE ratio of 8.30, a PEG ratio of 6.76 and a beta of 1.17.

Analyst Ratings Changes

Several research analysts have commented on the stock. Shore Capital Group restated a “hold” rating on shares of British Land in a research report on Thursday, January 29th. Panmure Gordon reaffirmed a “hold” rating and issued a GBX 424 target price on shares of British Land in a report 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 note on Thursday, November 20th. Finally, Berenberg Bank upped their price objective on British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 441.50.

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.