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

British Land Company PLC (LON:BLND) insider Bhavesh Mistry bought 33 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were bought at an average cost 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 bought 36 shares of British Land stock. The shares were bought at an average cost of GBX 417 ($5.51) per share, for a total transaction of £150.12 ($198.31).

British Land Stock Performance

Shares of BLND stock opened at GBX 458.80 ($6.06) on Friday. The firm has a 50-day moving average of GBX 413.47 and a 200-day moving average of GBX 403.25. The company has a market cap of £4.26 billion, a P/E ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 45.09, a current ratio of 0.59 and a quick ratio of 0.25. British Land Company PLC has a one year low of GBX 287.30 ($3.80) and a one year high of GBX 467.80 ($6.18).

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BLND shares. Berenberg Bank raised their price objective on shares of British Land from GBX 469 ($6.20) to GBX 500 ($6.61) and gave the company a “buy” rating in a research note on Friday, June 7th. Citigroup reaffirmed a “neutral” rating on shares of British Land in a research note on Thursday, July 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of British Land in a research note on Wednesday, July 3rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of British Land in a research note on Wednesday, July 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average 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.