British Land (LON:BLND) Insider Simon Carter Purchases 36 Shares

British Land Company PLC (LON:BLND) insider Simon Carter acquired 36 shares of British Land stock in a transaction on Monday, June 15th. The shares were bought at an average cost of £417.20 per share, for a total transaction of £15,019.20.

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

• On Thursday, May 14th, Simon Carter purchased 39 shares of British Land stock. The stock was acquired at an average price of GBX 377 per share, with a total value of £147.03.
• On Tuesday, April 14th, Simon Carter purchased 40 shares of British Land stock. The stock was acquired at an average price of GBX 383 per share, with a total value of £153.20.

British Land Stock Down 0.7%

Shares of British Land stock opened at GBX 417.60 on Wednesday. The company has a debt-to-equity ratio of 52.34, a current ratio of 0.15 and a quick ratio of 0.25. The company has a 50-day moving average of GBX 391.58 and a 200 day moving average of GBX 393.61. The firm has a market cap of £4.28 billion, a price-to-earnings ratio of 9.22, a PEG ratio of 6.76 and a beta of 1.18. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 432.

British Land (LON:BLND) last announced its quarterly earnings data on Wednesday, May 20th. The company reported GBX 28.90 EPS for the quarter. British Land had a net margin of 86.48% and a return on equity of 7.73%. The company had revenue of £523 million for the quarter. As a group, sell-side analysts anticipate that British Land Company PLC will post 29.375 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BLND. Stifel Nicolaus reissued a “hold” rating and set a GBX 410 price objective on shares of British Land in a research report on Wednesday, May 20th. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 305 price target on shares of British Land in a report on Tuesday, June 2nd. Berenberg Bank raised their price target on shares of British Land from GBX 531 to GBX 534 and gave the company a “buy” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. lowered their price objective on shares of British Land from GBX 440 to GBX 430 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Finally, The Goldman Sachs Group lowered their price objective on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating on the stock in a research note on Monday, March 30th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 446.44.

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.