Key Points
- Insider purchase: British Land insider David Walker bought 37 shares at GBX 409 each, for a total of approximately £151.33. He also purchased 35 shares in August at GBX 438 per share.
- Stock performance: British Land shares opened at GBX 417.40, with a 52-week range of GBX 335.40 to GBX 451.60 and a market capitalization of approximately £4.28 billion.
- Analyst view: Jefferies maintained an “underperform” rating with a GBX 331 price target. Overall analyst sentiment is “Hold,” with a consensus target of GBX 443.62.
British Land Company PLC (LON:BLND - Get Free Report) insider David Walker acquired 37 shares of the company's stock in a transaction that occurred on Wednesday, October 14th. The shares were acquired at an average cost of GBX 409 per share, for a total transaction of £151.33.
David Walker also recently made the following trade(s):
- On Friday, August 14th, David Walker acquired 35 shares of British Land stock. The stock was acquired at an average price of GBX 438 per share, with a total value of £153.30.
British Land Price Performance
LON BLND opened at GBX 417.40 on Friday. British Land Company PLC has a one year low of GBX 335.40 and a one year high of GBX 451.60. The stock has a 50-day moving average of GBX 410.87 and a 200 day moving average of GBX 406.55. The company has a debt-to-equity ratio of 52.34, a quick ratio of 0.25 and a current ratio of 0.15. The company has a market capitalization of £4.28 billion, a price-to-earnings ratio of 9.21, a PEG ratio of 6.76 and a beta of 1.18.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reaffirmed an "underperform" rating and set a GBX 331 price target on shares of British Land in a report on Thursday. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 443.62.
View Our Latest Analysis on British Land
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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