Insider Buying: British Land (LON:BLND) Insider Acquires £9,751.50 in Stock

British Land Company PLC (LON:BLND) insider Mark Aedy acquired 2,475 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were bought at an average cost of GBX 394 per share, with a total value of £9,751.50.

British Land Price Performance

Shares of BLND opened at GBX 412.80 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.25 and a debt-to-equity ratio of 44.14. British Land Company PLC has a 1 year low of GBX 318.60 and a 1 year high of GBX 423. The stock has a market cap of £4.13 billion, a P/E ratio of 9.15, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. The stock’s 50-day moving average price is GBX 394.16 and its two-hundred day moving average price is GBX 368.14.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on BLND. Panmure Gordon reissued a “hold” rating and issued a GBX 424 price target on shares of British Land in a report on Thursday, November 20th. Shore Capital restated a “hold” rating on shares of British Land in a report on Wednesday, November 19th. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 308 price target on shares of British Land in a research report on Thursday, November 20th. Peel Hunt reiterated a “buy” rating and issued a GBX 495 price objective on shares of British Land in a research report on Wednesday, October 15th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 506 target price on shares of British Land in a report on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of GBX 433.25.

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.