British Land (LON:BLND) Insider David Walker Acquires 40 Shares of Stock

British Land Company PLC (LON:BLND) insider David Walker bought 40 shares of the company’s stock in a transaction dated Tuesday, April 14th. The stock was purchased at an average cost of GBX 383 per share, for a total transaction of £153.20.

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

• On Monday, March 16th, David Walker bought 41 shares of British Land stock. The stock was purchased at an average cost of GBX 367 per share, for a total transaction of £150.47.
• On Monday, February 16th, David Walker 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.

British Land Stock Performance

British Land stock opened at GBX 393.70 on Friday. The firm’s 50 day simple moving average is GBX 383.66 and its 200-day simple moving average is GBX 388.14. The company has a market cap of £3.94 billion, a P/E ratio of 8.73, a price-to-earnings-growth ratio of 6.76 and a beta of 1.16. 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 fifty-two week low of GBX 318.60 and a fifty-two week high of GBX 432.

Wall Street Analyst Weigh In

Several analysts recently commented on BLND shares. Berenberg Bank raised their price target on shares of British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a report on Monday, January 26th. Shore Capital Group restated a “hold” rating on shares of British Land in a report on Thursday, January 29th. Finally, The Goldman Sachs Group decreased their price target on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating for the company in a report on Monday, March 30th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, British Land presently has a consensus rating of “Hold” and a consensus price target of GBX 447.20.

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.