British Land Company PLC (LON:BLND) Insider Acquires £150.78 in Stock

British Land Company PLC (LON:BLND) insider Chris Grigg purchased 42 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The stock was bought at an average cost of GBX 359 ($4.69) per share, for a total transaction of £150.78 ($197.00).

Chris Grigg also recently made the following trade(s):

  • On Friday, August 14th, Chris Grigg purchased 41 shares of British Land stock. The stock was bought at an average cost of £363.88 ($475.41) per share, for a total transaction of £14,919.08 ($19,491.87).

Shares of BLND stock opened at GBX 357 ($4.66) on Friday. British Land Company PLC has a 1 year low of GBX 309.40 ($4.04) and a 1 year high of GBX 649.40 ($8.48). The stock has a market cap of $3.24 billion and a PE ratio of -3.25. The business’s fifty day moving average is GBX 351.43 and its 200-day moving average is GBX 373.02. The company has a debt-to-equity ratio of 53.65, a quick ratio of 0.25 and a current ratio of 0.30.

Several analysts recently issued reports on BLND shares. Liberum Capital reissued a “hold” rating on shares of British Land in a report on Wednesday, July 1st. Jefferies Financial Group upgraded British Land to a “buy” rating and raised their target price for the company from GBX 440 ($5.75) to GBX 460 ($6.01) in a research report on Thursday, July 16th. Peel Hunt restated an “add” rating on shares of British Land in a research report on Thursday, July 16th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of British Land in a research report on Friday, July 3rd. Four analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. British Land presently has an average rating of “Hold” and an average price target of GBX 463 ($6.05).

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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Insider Buying and Selling by Quarter for British Land (LON:BLND)

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