British Land Company PLC (LON:BLND - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 413.57 ($5.36) and traded as high as GBX 425.60 ($5.52). British Land shares last traded at GBX 413.60 ($5.36), with a volume of 5,964,867 shares trading hands.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on BLND shares. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of British Land in a report on Wednesday, July 3rd. Citigroup reissued a "neutral" rating on shares of British Land in a research report on Thursday, July 25th. Finally, Shore Capital restated a "buy" rating on shares of British Land in a report on Wednesday, July 3rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of GBX 455 ($5.90).
View Our Latest Research Report on British Land
British Land Stock Down 3.4 %
The firm has a market capitalization of £3.99 billion, a P/E ratio of -335.97, a PEG ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 45.09, a quick ratio of 0.25 and a current ratio of 0.59. The stock has a 50 day moving average of GBX 427.70 and a 200-day moving average of GBX 413.57.
Insider Activity
In other news, insider Mark Aedy purchased 2,120 shares of the firm's stock in a transaction dated Tuesday, October 8th. The shares were purchased at an average price of GBX 436 ($5.65) per share, with a total value of £9,243.20 ($11,987.03). Over the last ninety days, insiders bought 2,226 shares of company stock worth $969,471. 0.21% of the stock is owned by company 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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