British Land Company PLC (LON:BLND - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 412.49 ($5.36) and traded as high as GBX 426.40 ($5.54). British Land shares last traded at GBX 421.40 ($5.47), with a volume of 4,141,313 shares.
Analysts Set New Price Targets
BLND has been the subject of a number of analyst reports. Citigroup restated a "neutral" rating on shares of British Land in a research note on Thursday, July 25th. Shore Capital reiterated a "buy" rating on shares of British Land in a research note on Wednesday, July 3rd. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating on shares of British Land in a research note on Wednesday, July 3rd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of GBX 455 ($5.91).
Check Out Our Latest Analysis on British Land
British Land Trading Down 0.3 %
The stock has a market capitalization of £4.20 billion, a price-to-earnings ratio of -335.97, a PEG ratio of 6.76 and a beta of 1.55. The company's 50 day moving average is GBX 425.58 and its 200 day moving average is GBX 412.68. The company has a debt-to-equity ratio of 45.09, a quick ratio of 0.25 and a current ratio of 0.59.
Insider Activity at British Land
In other British Land news, insider Mark Aedy purchased 2,120 shares of the stock in a transaction on Tuesday, October 8th. The shares were purchased at an average price of GBX 436 ($5.66) per share, with a total value of £9,243.20 ($12,001.04). Insiders purchased a total of 2,226 shares of company stock worth $969,471 in the last ninety days. 0.21% of the stock is currently owned by insiders.
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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