British Land Company Plc (LON:BLND) Insider Simon Carter Purchases 48 Shares

British Land Company Plc (LON:BLND) insider Simon Carter acquired 48 shares of British Land stock in a transaction dated Thursday, September 14th. The shares were acquired at an average cost of GBX 316 ($3.95) per share, with a total value of £151.68 ($189.81).

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

• On Friday, July 14th, Simon Carter acquired 46 shares of British Land stock. The shares were acquired at an average cost of GBX 328 ($4.10) per share, with a total value of £150.88 ($188.81).
• On Thursday, June 22nd, Simon Carter sold 14,133 shares of British Land stock. The stock was sold at an average price of GBX 312 ($3.90), for a total transaction of £44,094.96 ($55,180.78).

British Land Price Performance

Shares of British Land stock traded down GBX 2.80 ($0.04) during mid-day trading on Friday, reaching GBX 324.60 ($4.06). 1,641,690 shares of the stock were exchanged, compared to its average volume of 3,537,496. The company has a market cap of £3.01 billion, a price-to-earnings ratio of -291.52, a price-to-earnings-growth ratio of 6.76 and a beta of 1.45. The company has a current ratio of 0.27, a quick ratio of 0.25 and a debt-to-equity ratio of 44.53. The firm has a 50-day simple moving average of GBX 323.30 and a 200 day simple moving average of GBX 355.51. British Land Company Plc has a fifty-two week low of GBX 292.70 ($3.66) and a fifty-two week high of GBX 522.30 ($6.54).

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Shore Capital reaffirmed a “sell” rating on shares of British Land in a report on Tuesday, July 11th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of British Land in a report on Thursday, July 20th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 420 ($5.26) price objective on shares of British Land in a report on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 458.75 ($5.74).

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.