British Land (LON:BLND) Insider Simon Carter Acquires 39 Shares

British Land Company PLC (LON:BLND) insider Simon Carter purchased 39 shares of British Land stock in a transaction on Thursday, May 14th. The stock was bought at an average price of GBX 377 per share, with a total value of £147.03.

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

• On Tuesday, April 14th, Simon Carter purchased 40 shares of British Land stock. The stock was bought at an average cost of GBX 383 per share, for a total transaction of £153.20.
• On Monday, March 16th, Simon Carter acquired 41 shares of British Land stock. The shares were purchased at an average cost of GBX 367 per share, with a total value of £150.47.

British Land Trading Up 0.2%

Shares of British Land stock opened at GBX 369.60 on Monday. The stock has a market capitalization of £3.79 billion, a P/E ratio of 8.20, a P/E/G ratio of 6.76 and a beta of 1.17. British Land Company PLC has a 52-week low of GBX 318.60 and a 52-week high of GBX 432. The company has a debt-to-equity ratio of 47.52, a quick ratio of 0.25 and a current ratio of 0.28. The stock’s 50-day simple moving average is GBX 375.53 and its 200 day simple moving average is GBX 391.48.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Stifel Nicolaus reiterated a “hold” rating and set a GBX 410 price objective on shares of British Land in a research note on Tuesday, April 21st. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 310 price target on shares of British Land in a research report on Tuesday, April 21st. Berenberg Bank reissued a “buy” rating and issued a GBX 531 price target on shares of British Land in a report on Tuesday, April 21st. The Goldman Sachs Group reduced their price objective on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating for the company in a research note on Monday, March 30th. Finally, Shore Capital Group reaffirmed a “hold” rating on shares of British Land in a report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 450.

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. 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.