British Land Company PLC (LON:BLND) Insider Simon Carter Acquires 35 Shares

British Land Company PLC (LON:BLND) insider Simon Carter bought 35 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The shares were acquired at an average price of GBX 425 ($5.55) per share, with a total value of £148.75 ($194.24).

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

• On Wednesday, August 14th, Simon Carter bought 38 shares of British Land stock. The shares were purchased at an average price of GBX 399 ($5.21) per share, with a total value of £151.62 ($197.99).

British Land Trading Up 0.9 %

BLND traded up GBX 4 ($0.05) during trading hours on Tuesday, reaching GBX 430 ($5.62). 2,639,280 shares of the company’s stock traded hands, compared to its average volume of 7,094,573. The firm has a 50-day moving average price of GBX 422.44 and a 200 day moving average price of GBX 411.39. The firm has a market capitalization of £3.99 billion, a PE ratio of -335.97, a PEG ratio of 6.76 and a beta of 1.55. 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 52-week low of GBX 287.30 ($3.75) and a 52-week high of GBX 467.80 ($6.11).

Analyst Ratings Changes

A number of research analysts recently commented on BLND shares. Citigroup reaffirmed a “neutral” rating on shares of British Land in a report on Thursday, July 25th. Shore Capital reiterated a “buy” rating on shares of British Land in a report on Wednesday, July 3rd. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of British Land in a report on Wednesday, July 3rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, British Land presently has an average 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.