British Land Company PLC (LON:BLND - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 405.85 ($5.43) and traded as high as GBX 450 ($6.03). British Land shares last traded at GBX 445.40 ($5.96), with a volume of 1,886,196 shares traded.
Analysts Set New Price Targets
BLND has been the subject of several research reports. Shore Capital reaffirmed a "buy" rating on shares of British Land in a research note on Wednesday, July 3rd. Citigroup reaffirmed a "neutral" rating on shares of British Land in a research note on Thursday, July 25th. Berenberg Bank boosted their target price on shares of British Land from GBX 469 ($6.28) to GBX 500 ($6.70) and gave the stock a "buy" rating in a report on Friday, June 7th. Finally, JPMorgan Chase & Co. restated a "neutral" rating on shares of British Land in a report on Wednesday, July 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of GBX 403.75 ($5.41).
Read Our Latest Report on British Land
British Land Trading Up 0.5 %
The company has a current ratio of 0.59, a quick ratio of 0.25 and a debt-to-equity ratio of 45.09. The stock has a market cap of £4.16 billion, a price-to-earnings ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55. The company has a fifty day simple moving average of GBX 416.19 and a 200-day simple moving average of GBX 405.85.
Insider Transactions at British Land
In other news, insider Irvinder Goodhew purchased 3,504 shares of British Land stock in a transaction that occurred on Wednesday, July 10th. The stock was acquired at an average price of GBX 412 ($5.52) per share, for a total transaction of £14,436.48 ($19,331.12). Insiders have bought a total of 3,611 shares of company stock valued at $1,488,936 over the last ninety days. Corporate insiders own 0.23% of the company's stock.
About British Land
(
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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.
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