Bhavesh Mistry Acquires 33 Shares of British Land Company PLC (LON:BLND) Stock

British Land Company PLC (LON:BLND) insider Bhavesh Mistry purchased 33 shares of British Land stock in a transaction dated Monday, September 16th. The shares were bought at an average price of GBX 458 ($6.05) per share, for a total transaction of £151.14 ($199.66).

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

• On Monday, July 15th, Bhavesh Mistry purchased 36 shares of British Land stock. The shares were bought at an average price of GBX 417 ($5.51) per share, for a total transaction of £150.12 ($198.31).

British Land Stock Down 0.3 %

Shares of BLND opened at GBX 461 ($6.09) on Wednesday. The firm has a market cap of £4.28 billion, a P/E ratio of -335.97, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. British Land Company PLC has a 12-month low of GBX 287.30 ($3.80) and a 12-month high of GBX 467.40 ($6.17). The company’s 50-day moving average price is GBX 411.67 and its 200 day moving average price is GBX 401.83. 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

BLND has been the topic of several analyst reports. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of British Land in a report on Wednesday, July 3rd. Berenberg Bank lifted their price target on British Land from GBX 469 ($6.20) to GBX 500 ($6.61) and gave the stock a “buy” rating in a report on Friday, June 7th. Shore Capital restated a “buy” rating on shares of British Land in a report on Wednesday, July 3rd. Finally, Citigroup restated a “neutral” rating on shares of British Land in a report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 404 ($5.34).

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.