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

British Land Company PLC (LON:BLND) insider Bhavesh Mistry purchased 40 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of GBX 376 ($4.74) per share, with a total value of £150.40 ($189.54).

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

• On Monday, September 16th, Bhavesh Mistry acquired 33 shares of British Land stock. The stock was acquired at an average cost of GBX 458 ($5.77) per share, for a total transaction of £151.14 ($190.47).

British Land Stock Up 1.1 %

Shares of LON:BLND opened at GBX 380.20 ($4.79) on Monday. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 45.09. The company has a market capitalization of £3.80 billion, a P/E ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55. British Land Company PLC has a 52-week low of GBX 340 ($4.28) and a 52-week high of GBX 467.80 ($5.90). The stock’s fifty day simple moving average is GBX 423.87 and its 200-day simple moving average is GBX 414.17.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of British Land in a report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 455 ($5.73).

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.