British Land (LON:BLND) Insider Simon Carter Acquires 40 Shares of Stock

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

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

• On Monday, March 16th, Simon Carter purchased 41 shares of British Land stock. The shares were purchased at an average price of GBX 367 per share, for a total transaction of £150.47.
• On Monday, February 16th, Simon Carter purchased 37 shares of British Land stock. The shares were purchased at an average price of GBX 406 per share, for a total transaction of £150.22.

British Land Stock Up 0.5%

British Land stock opened at GBX 393.70 on Friday. The company has a debt-to-equity ratio of 47.52, a quick ratio of 0.25 and a current ratio of 0.28. The business’s 50-day simple moving average is GBX 383.66 and its two-hundred day simple moving average is GBX 388.14. The company has a market cap of £3.94 billion, a PE ratio of 8.73, a PEG ratio of 6.76 and a beta of 1.16. British Land Company PLC has a fifty-two week low of GBX 318.60 and a fifty-two week high of GBX 432.

Analysts Set New Price Targets

BLND has been the topic of several recent research reports. The Goldman Sachs Group lowered their price target on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating on the stock in a report on Monday, March 30th. Berenberg Bank upped their price objective on shares of British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Shore Capital Group reiterated a “hold” rating on shares of British Land in a research report on Thursday, January 29th. Three equities research 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 MarketBeat, the stock 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.