Bhavesh Mistry Buys 40 Shares of British Land Company PLC (LON:BLND) Stock

British Land Company PLC (LON:BLND) insider Bhavesh Mistry purchased 40 shares of the company’s stock in a transaction on Monday, April 15th. The stock was purchased at an average price of GBX 379 ($4.72) per share, for a total transaction of £151.60 ($188.72).

Bhavesh Mistry also recently made the following trade(s):

• On Thursday, March 14th, Bhavesh Mistry acquired 40 shares of British Land stock. The shares were bought at an average price of GBX 372 ($4.63) per share, for a total transaction of £148.80 ($185.24).
• On Wednesday, February 14th, Bhavesh Mistry acquired 40 shares of British Land stock. The shares were bought at an average price of GBX 373 ($4.64) per share, for a total transaction of £149.20 ($185.73).

British Land Price Performance

LON BLND opened at GBX 373.20 ($4.65) on Wednesday. The stock has a market capitalization of £3.46 billion, a P/E ratio of -327.37, a P/E/G ratio of 6.76 and a beta of 1.54. British Land Company PLC has a 1 year low of GBX 287.30 ($3.58) and a 1 year high of GBX 421.90 ($5.25). The business’s fifty day moving average is GBX 374.06 and its two-hundred day moving average is GBX 362.96. The company has a debt-to-equity ratio of 45.41, a quick ratio of 0.25 and a current ratio of 0.38.

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on British Land in a report on Wednesday, January 10th. They issued a “buy” rating and a GBX 469 ($5.84) price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, British Land has an average rating of “Hold” and a consensus target price of GBX 407.25 ($5.07).

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.