Insider Buying: British Land Company PLC (LON:BLND) Insider Acquires £148.75 in Stock

British Land Company PLC (LON:BLND) insider Simon Carter acquired 35 shares of the business’s stock in a transaction that occurred on 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 purchased 38 shares of British Land stock. The stock was acquired at an average price of GBX 399 ($5.21) per share, for a total transaction of £151.62 ($197.99).

British Land Price Performance

LON:BLND opened at GBX 438.60 ($5.73) on Friday. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 45.09. British Land Company PLC has a 12-month low of GBX 287.30 ($3.75) and a 12-month high of GBX 467.80 ($6.11). The stock’s 50 day moving average price is GBX 424.08 and its two-hundred day moving average price is GBX 412.04. The firm has a market capitalization of £4.38 billion, a price-to-earnings ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of British Land in a report on Wednesday, July 3rd. Shore Capital reaffirmed a “buy” rating on shares of British Land in a research report on Wednesday, July 3rd. Finally, Citigroup reissued a “neutral” rating on shares of British Land in a research report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price 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.