British Land Company PLC (LON:BLND) Insider Simon Carter Buys 35 Shares of Stock

British Land Company PLC (LON:BLND) insider Simon Carter purchased 35 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was bought at an average cost of GBX 425 ($5.55) per share, for a total transaction of £148.75 ($194.24).

Simon Carter also recently made the following trade(s):

• On Wednesday, August 14th, Simon Carter acquired 38 shares of British Land stock. The shares were bought at an average price of GBX 399 ($5.21) per share, with a total value of £151.62 ($197.99).

British Land Stock Up 1.2 %

BLND stock opened at GBX 431 ($5.63) on Wednesday. The stock has a market capitalization of £4.00 billion, a P/E ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 45.09, a current ratio of 0.59 and a quick ratio of 0.25. British Land Company PLC has a 1-year low of GBX 287.30 ($3.75) and a 1-year high of GBX 467.80 ($6.11). The business has a fifty day moving average price of GBX 422.92 and a 200-day moving average price of GBX 411.65.

Analysts Set New Price Targets

A number of research firms have recently commented on BLND. Shore Capital reissued a “buy” rating on shares of British Land in a research note on Wednesday, July 3rd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of British Land in a research report on Wednesday, July 3rd. Finally, Citigroup reaffirmed a “neutral” rating on shares of British Land in a report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 455 ($5.94).

British Land Company Profile

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.