Key Points
- David Walker bought an additional 37 shares of British Land on Feb 16 at an average price of GBX 406 (total £150.22), following a prior purchase of 37 shares on Jan 14 at GBX 395 — a small but repeated insider buy.
- Shares opened at GBX 412.40, trading above the 50‑day (GBX 403.73) and 200‑day (GBX 377.87) averages with a market cap of £4.12bn; analysts have an average "Hold" rating and an average price target of GBX 441.50, with mixed individual recommendations (2 Buy, 2 Hold, 1 Sell) and Berenberg lifting its target to GBX 539.
British Land Company PLC (LON:BLND - Get Free Report) insider David Walker acquired 37 shares of the stock in a transaction that occurred on Monday, February 16th. The stock was acquired at an average price of GBX 406 per share, for a total transaction 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 shares were acquired at an average price of GBX 395 per share, with a total value of £146.15.
British Land Price Performance
Shares of LON BLND opened at GBX 412.40 on Wednesday. The stock's 50-day simple moving average is GBX 403.73 and its two-hundred day simple moving average is GBX 377.87. British Land Company PLC has a twelve month low of GBX 318.60 and a twelve month high of GBX 432. The firm 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. 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 (LON:BLND - Get Free Report) last released 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 anticipate that British Land Company PLC will post 29.375 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms recently weighed in on BLND. Shore Capital Group restated a "hold" rating on shares of British Land in a research report on Thursday, January 29th. Panmure Gordon restated a "hold" rating and issued a GBX 424 price objective on shares of British Land in a report on Thursday, November 20th. Berenberg Bank increased their target price on shares of British Land from GBX 506 to GBX 539 and gave the company a "buy" rating in a report on Monday, January 26th. Finally, Jefferies Financial Group reiterated an "underperform" rating and issued a GBX 308 target price on shares of British Land in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, British Land has an average rating of "Hold" and an average price target of GBX 441.50.
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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. 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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