British Land Company PLC (LON:BLND) Insider Bhavesh Mistry Buys 40 Shares

British Land Company PLC (LON:BLND) insider Bhavesh Mistry bought 40 shares of British Land stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of GBX 376 ($4.74) per share, with a total value of £150.40 ($189.54).

Bhavesh Mistry also recently made the following trade(s):

• On Monday, September 16th, Bhavesh Mistry bought 33 shares of British Land stock. The shares were purchased at an average cost of GBX 458 ($5.77) per share, with a total value of £151.14 ($190.47).

British Land Stock Up 1.1 %

BLND stock opened at GBX 380.20 ($4.79) on Friday. British Land Company PLC has a 52 week low of GBX 340 ($4.28) and a 52 week high of GBX 467.80 ($5.90). The company has a market capitalization of £3.80 billion, a price-to-earnings ratio of -335.97, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. The firm’s 50-day moving average is GBX 424.27 and its two-hundred day moving average is GBX 413.93. The company has a current ratio of 0.59, a quick ratio of 0.25 and a debt-to-equity ratio of 45.09.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “neutral” rating on shares of British Land in a research note 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. According to data from MarketBeat.com, British Land has an average rating of “Hold” and an average target price of GBX 455 ($5.73).

About British Land

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.