British Land Company PLC (LON:BLND) Insider Acquires £151.60 in Stock

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

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

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

British Land Trading Up 2.8 %

Shares of BLND stock opened at GBX 379.40 ($4.72) on Friday. The stock has a market cap of £3.52 billion, a price-to-earnings ratio of -332.81, a price-to-earnings-growth ratio of 6.76 and a beta of 1.54. The company has a quick ratio of 0.25, a current ratio of 0.38 and a debt-to-equity ratio of 45.41. British Land Company PLC has a fifty-two week low of GBX 287.30 ($3.58) and a fifty-two week high of GBX 421.90 ($5.25). The firm’s 50 day moving average price is GBX 373.87 and its two-hundred day moving average price is GBX 363.12.

Analyst Ratings Changes

Separately, Berenberg Bank assumed coverage on shares of British Land in a research report on Wednesday, January 10th. They set a “buy” rating and a GBX 469 ($5.84) price target on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, British Land currently has a consensus rating of “Hold” and a consensus target price 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.