Bhavesh Mistry Purchases 40 Shares of British Land Company PLC (LON:BLND) Stock

British Land Company PLC (LON:BLND) insider Bhavesh Mistry bought 40 shares of the stock in a transaction on Monday, April 15th. The shares were bought at an average cost of GBX 379 ($4.72) per share, with a total value of £151.60 ($188.72).

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

• On Thursday, March 14th, Bhavesh Mistry acquired 40 shares of British Land stock. The stock was acquired at an average cost of GBX 372 ($4.63) per share, with a total value of £148.80 ($185.24).
• On Wednesday, February 14th, Bhavesh Mistry acquired 40 shares of British Land stock. The stock was acquired at an average cost of GBX 373 ($4.64) per share, with a total value of £149.20 ($185.73).

British Land Trading Down 1.1 %

LON BLND opened at GBX 369 ($4.59) on Thursday. The firm has a 50 day simple moving average of GBX 373.84 and a 200-day simple moving average of GBX 363.01. The company has a debt-to-equity ratio of 45.41, a quick ratio of 0.25 and a current ratio of 0.38. British Land Company PLC has a one year low of GBX 287.30 ($3.58) and a one year high of GBX 421.90 ($5.25). The firm has a market cap of £3.42 billion, a price-to-earnings ratio of -323.68, a PEG ratio of 6.76 and a beta of 1.54.

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on shares of British Land in a research note on Wednesday, January 10th. They issued a “buy” rating and a GBX 469 ($5.84) price objective for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 407.25 ($5.07).

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.