British Land Company PLC (LON:BLND) Insider Purchases £150.40 in Stock

British Land Company PLC (LON:BLND) insider Bhavesh Mistry purchased 40 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of GBX 376 ($4.75) per share, for a total transaction of £150.40 ($189.95).

Bhavesh Mistry also recently made the following trade(s):

• On Monday, September 16th, Bhavesh Mistry bought 33 shares of British Land stock. The stock was bought at an average price of GBX 458 ($5.78) per share, with a total value of £151.14 ($190.88).

British Land Price Performance

Shares of BLND stock traded up GBX 4.20 ($0.05) during trading hours on Friday, hitting GBX 380.20 ($4.80). 3,737,087 shares of the company’s stock were exchanged, compared to its average volume of 6,974,885. British Land Company PLC has a 12-month low of GBX 340 ($4.29) and a 12-month high of GBX 467.80 ($5.91). The company has a market capitalization of £3.80 billion, a PE ratio of -335.97, a PEG ratio of 6.76 and a beta of 1.55. The business’s 50 day simple moving average is GBX 424.27 and its 200-day simple moving average is GBX 413.93. The company has a current ratio of 0.59, a quick ratio of 0.25 and a debt-to-equity ratio of 45.09.

Wall Street Analyst Weigh In

Separately, Citigroup reaffirmed a “neutral” rating on shares of British Land in a research note on Thursday, July 25th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 455 ($5.75).

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.