British Land (LON:BLND) Stock: Insider David Walker Acquires 37 Shares

British Land Company PLC (LON:BLND) insider David Walker acquired 37 shares of British Land stock in a transaction on Wednesday, October 14th. The shares were bought at an average price of GBX 409 per share, for a total transaction of £151.33.

David Walker also recently made the following trade(s):

• On Friday, August 14th, David Walker bought 35 shares of British Land stock. The stock was bought at an average price of GBX 438 per share, with a total value of £153.30.

British Land Price Performance

BLND stock opened at GBX 418.80 on Friday. The firm has a market cap of £4.29 billion, a P/E ratio of 9.25, a price-to-earnings-growth ratio of 6.76 and a beta of 1.18. The company has a debt-to-equity ratio of 52.34, a quick ratio of 0.25 and a current ratio of 0.15. British Land Company PLC has a 1 year low of GBX 335.40 and a 1 year high of GBX 451.60. The stock has a 50-day simple moving average of GBX 411.38 and a 200-day simple moving average of GBX 406.47.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 331 price target on shares of British Land in a report on Thursday. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, British Land currently has a consensus rating of “Hold” and a consensus price target of GBX 443.62.

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.