Key Points
- British Land insider Simon Carter bought 39 shares on Thursday at GBX 377 each, totaling £147.03. This adds to his recent purchases of 40 shares in April and 41 shares in March.
- BLND shares opened at GBX 374.49, near the 50-day moving average of GBX 375.31 and below the 200-day average of GBX 391.41. The stock has traded between GBX 318.60 and GBX 432 over the past 52 weeks.
- Analysts are mixed on British Land, with a consensus rating of “Hold” and an average price target of GBX 448.75. Recent calls included buy ratings from Deutsche Bank and Berenberg, while UBS was neutral and Shore Capital rated it hold.
British Land Company PLC (LON:BLND - Get Free Report) insider Simon Carter bought 39 shares of British Land stock in a transaction dated Thursday, May 14th. The shares were bought at an average cost of GBX 377 per share, for a total transaction of £147.03.
Simon Carter also recently made the following trade(s):
- On Tuesday, April 14th, Simon Carter purchased 40 shares of British Land stock. The shares were purchased at an average price of GBX 383 per share, for a total transaction of £153.20.
- On Monday, March 16th, Simon Carter acquired 41 shares of British Land stock. The shares were acquired at an average cost of GBX 367 per share, for a total transaction of £150.47.
British Land Stock Performance
Shares of BLND stock opened at GBX 374.49 on Tuesday. The company's 50 day moving average is GBX 375.31 and its 200 day moving average is GBX 391.41. British Land Company PLC has a 52-week low of GBX 318.60 and a 52-week high of GBX 432. The company has a quick ratio of 0.25, a current ratio of 0.28 and a debt-to-equity ratio of 47.52. The firm has a market cap of £3.84 billion, a price-to-earnings ratio of 8.30, a PEG ratio of 6.76 and a beta of 1.17.
Analysts Set New Price Targets
BLND has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 510 target price on shares of British Land in a research note on Wednesday, April 22nd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 531 price target on shares of British Land in a report on Tuesday, April 21st. Shore Capital Group reaffirmed a "hold" rating on shares of British Land in a report on Tuesday, April 21st. UBS Group reaffirmed a "neutral" rating and issued a GBX 440 price target on shares of British Land in a report on Monday. Finally, The Goldman Sachs Group cut their price target on shares of British Land from GBX 510 to GBX 470 and set a "buy" rating on the stock in a report on Monday, March 30th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of GBX 448.75.
View Our Latest Stock Analysis on British Land
British Land Company Profile
(
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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