British Land (LON:BLND) Insider Simon Carter Acquires 37 Shares

British Land Company PLC (LON:BLND) insider Simon Carter bought 37 shares of the firm’s stock in a transaction on Monday, February 16th. The shares were purchased at an average price of GBX 406 per share, for a total transaction of £150.22.

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

• On Wednesday, January 14th, Simon Carter purchased 37 shares of British Land stock. The stock was purchased at an average price of GBX 395 per share, with a total value of £146.15.

British Land Price Performance

Shares of BLND stock traded up GBX 7.40 on Tuesday, hitting GBX 412.40. 259,671,516 shares of the stock traded hands, compared to its average volume of 31,959,012. The firm has a market cap of £4.12 billion, a price-to-earnings ratio of 9.14, a PEG ratio of 6.76 and a beta of 1.55. British Land Company PLC has a 52 week low of GBX 318.60 and a 52 week high of GBX 432. The firm has a 50 day simple moving average of GBX 403.27 and a two-hundred day simple moving average of GBX 377.40. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25.

British Land (LON:BLND) last issued its earnings results on Wednesday, November 19th. The company reported GBX 15.40 earnings per share for the quarter. British Land had a net margin of 171.35% and a return on equity of 18.53%. As a group, equities research analysts predict that British Land Company PLC will post 29.375 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on BLND shares. Shore Capital Group reissued a “hold” rating on shares of British Land in a research note on Thursday, January 29th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 308 price objective on shares of British Land in a research report on Thursday, November 20th. Berenberg Bank boosted their target price on shares of British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a report on Monday, January 26th. Finally, Panmure Gordon reaffirmed a “hold” rating and set a GBX 424 target price on shares of British Land in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 441.50.

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. 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.