Key Points
- Insider buying: David Walker bought small stakes in British Land on Sep 15 (44 shares at GBX 336), Oct 14 (41 shares at GBX 365) and Nov 14 (39 shares at GBX 383), with each transaction worth about £148–£150.
- Stock and analyst backdrop: BLND trades around GBX 377.66 (50/200‑day SMAs ~GBX 366–367) with a 52‑week range of GBX 318.60–413.80 and a market cap ~£3.78bn; analysts are mixed (two Buys, one Hold, one Sell) and the consensus rating is "Hold" with an average target of GBX 427.67.
British Land Company PLC (LON:BLND - Get Free Report) insider David Walker purchased 39 shares of the firm's stock in a transaction dated Friday, November 14th. The stock was bought at an average cost of GBX 383 per share, for a total transaction of £149.37.
David Walker also recently made the following trade(s):
- On Tuesday, October 14th, David Walker acquired 41 shares of British Land stock. The shares were bought at an average cost of GBX 365 per share, with a total value of £149.65.
- On Monday, September 15th, David Walker bought 44 shares of British Land stock. The stock was bought at an average price of GBX 336 per share, with a total value of £147.84.
British Land Stock Down 0.6%
BLND opened at GBX 377.66 on Wednesday. The business's fifty day simple moving average is GBX 366.25 and its 200 day simple moving average is GBX 367.23. British Land Company PLC has a 52 week low of GBX 318.60 and a 52 week high of GBX 413.80. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 44.14. The stock has a market cap of £3.78 billion, a PE ratio of 10.79, a P/E/G ratio of 6.76 and a beta of 1.55.
Analyst Ratings Changes
BLND has been the topic of several recent research reports. Jefferies Financial Group increased their price objective on British Land from GBX 298 to GBX 308 and gave the company an "underperform" rating in a research report on Tuesday, October 28th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 495 target price on shares of British Land in a research note on Wednesday, October 15th. Finally, Shore Capital reissued a "hold" rating on shares of British Land in a research note on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of GBX 427.67.
View Our Latest Research Report on BLND
About British Land
(
Get Free Report)
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.
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