David Walker Buys 36 Shares of British Land (LON:BLND) Stock

British Land Company PLC (LON:BLND) insider David Walker purchased 36 shares of the stock in a transaction dated Tuesday, July 14th. The shares were bought at an average price of GBX 416 per share, for a total transaction of £149.76.

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

• On Friday, June 26th, David Walker acquired 21,148 shares of British Land stock. The shares were purchased at an average price of GBX 422 per share, with a total value of £89,244.56.
• On Monday, June 15th, David Walker sold 36,209 shares of British Land stock. The stock was sold at an average price of GBX 420, for a total value of £152,077.80.

British Land Price Performance

BLND opened at GBX 440 on Friday. The stock has a fifty day moving average price of GBX 405.46 and a 200 day moving average price of GBX 397.26. The company has a current ratio of 0.15, a quick ratio of 0.25 and a debt-to-equity ratio of 52.34. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 443.80. The stock has a market cap of £4.51 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 6.76 and a beta of 1.18.

British Land (LON:BLND) last issued its earnings results on Wednesday, May 20th. The company reported GBX 28.90 earnings per share for the quarter. British Land had a return on equity of 7.73% and a net margin of 86.48%.The company had revenue of £523 million for the quarter. Analysts forecast that British Land Company PLC will post 29.375 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on BLND. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 410 price objective on shares of British Land in a research report on Wednesday, May 20th. JPMorgan Chase & Co. decreased their target price on shares of British Land from GBX 440 to GBX 430 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. UBS Group restated a “neutral” rating and set a GBX 440 price target on shares of British Land in a research note on Monday, May 18th. Jefferies Financial Group restated an “underperform” rating and set a GBX 305 price target on shares of British Land in a report on Tuesday, June 2nd. Finally, The Goldman Sachs Group reduced their price objective on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating for the company in a research note on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, British Land has a consensus rating of “Hold” and an average price target of GBX 446.44.

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.