British Land (LON:BLND) Insider David Walker Purchases 37 Shares of Stock

British Land Company PLC (LON:BLND) insider David Walker acquired 37 shares of the firm’s stock in a transaction that occurred on Monday, February 16th. The shares were bought at an average price of GBX 406 per share, with a total value of £150.22.

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

• On Wednesday, January 14th, David Walker bought 37 shares of British Land stock. The stock was bought at an average price of GBX 395 per share, for a total transaction of £146.15.

British Land Stock Up 1.8%

British Land stock opened at GBX 412.40 on Wednesday. The firm has a 50 day moving average price of GBX 403.73 and a 200-day moving average price of GBX 377.87. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 44.14. British Land Company PLC has a twelve month low of GBX 318.60 and a twelve month high of GBX 432. The company has a market capitalization of £4.12 billion, a P/E ratio of 9.14, a P/E/G ratio of 6.76 and a beta of 1.55.

British Land (LON:BLND) last posted its quarterly earnings results on Wednesday, November 19th. The company reported GBX 15.40 EPS for the quarter. British Land had a net margin of 171.35% and a return on equity of 18.53%. As a group, equities analysts predict that British Land Company PLC will post 29.375 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Berenberg Bank increased their price target on British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a research note on Monday, January 26th. Shore Capital Group reaffirmed a “hold” rating on shares of British Land in a report on Thursday, January 29th. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 308 target price on shares of British Land in a research note on Thursday, November 20th. Finally, Panmure Gordon reissued a “hold” rating and issued a GBX 424 price target on shares of British Land in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, British Land has a consensus rating of “Hold” and a consensus 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.