Key Points
- Insider purchase: Mark Aedy bought 2,475 shares on January 5 at an average price of GBX 394, for a total transaction of £9,751.50.
- Shares opened at GBX 415.80 (trading up ~2.7%), with a 52‑week range of GBX 318.60–423, a market cap of £4.16bn and a PE ratio of 9.22.
- Analysts' consensus rating is a Hold with a consensus price target of GBX 433.25; broker breakdown: two Buy, two Hold and one Sell.
British Land Company PLC (LON:BLND - Get Free Report) insider Mark Aedy bought 2,475 shares of the firm's stock in a transaction dated Monday, January 5th. The shares were acquired at an average price of GBX 394 per share, for a total transaction of £9,751.50.
British Land Trading Up 2.7%
Shares of BLND opened at GBX 415.80 on Thursday. British Land Company PLC has a 52-week low of GBX 318.60 and a 52-week high of GBX 423. The stock has a market cap of £4.16 billion, a PE ratio of 9.22, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. 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 firm's fifty day moving average is GBX 392.87 and its two-hundred day moving average is GBX 367.57.
British Land (LON:BLND - Get Free Report) last posted its 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%. Research analysts forecast that British Land Company PLC will post 29.375 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on BLND. Panmure Gordon reiterated a "hold" rating and issued a GBX 424 price target on shares of British Land in a research note on Thursday, November 20th. Berenberg Bank restated a "buy" rating and issued a GBX 506 target price on shares of British Land in a research note on Wednesday, November 19th. Shore Capital reiterated a "hold" rating on shares of British Land in a report on Wednesday, November 19th. Jefferies Financial Group reaffirmed an "underperform" rating and issued a GBX 308 price target on shares of British Land in a report on Thursday, November 20th. Finally, Peel Hunt reissued a "buy" rating and issued a GBX 495 price objective on shares of British Land in a research report on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, British Land currently has an average rating of "Hold" and a consensus price target of GBX 433.25.
Get Our Latest Research Report on BLND
British Land Company Profile
(
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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.
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