British Land (LON:BLND) Insider David Walker Acquires 39 Shares

by · The Cerbat Gem

British Land Company PLC (LON:BLND – Get Free Report) insider David Walker bought 39 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were purchased at an average price of GBX 383 per share, for a total transaction of £149.37.

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

  • On Tuesday, October 14th, David Walker purchased 41 shares of British Land stock. The stock was acquired at an average price of GBX 365 per share, with a total value of £149.65.
  • On Monday, September 15th, David Walker acquired 44 shares of British Land stock. The shares were acquired at an average price of GBX 336 per share, for a total transaction of £147.84.

British Land Trading Down 0.7%

Shares of LON:BLND traded down GBX 2.60 during midday trading on Tuesday, reaching GBX 377.40. The company’s stock had a trading volume of 7,350,090 shares, compared to its average volume of 10,545,494. The firm has a market cap of £3.77 billion, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. The business has a 50 day moving average price of GBX 365.49 and a 200 day moving average price of GBX 367.38. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 413.80. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 44.14.

Analyst Ratings Changes

Several research firms have commented on BLND. Shore Capital restated a “hold” rating on shares of British Land in a report on Wednesday, October 15th. Jefferies Financial Group boosted their target price on shares of British Land from GBX 298 to GBX 308 and gave the company an “underperform” rating in a report on Tuesday, October 28th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 495 price target on shares of British Land in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, British Land has a consensus rating of “Hold” and a consensus price target of GBX 427.67.

Check Out Our Latest Research Report on BLND

British Land Company Profile

(Get Free Report)

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.

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