British Land Company PLC (LON:BLND) insider Chris Grigg acquired 22 shares of the company’s stock in a transaction dated Thursday, June 14th. The stock was acquired at an average price of GBX 682 ($9.08) per share, with a total value of £150.04 ($199.76).
Shares of British Land opened at GBX 691 ($9.20) on Friday, MarketBeat Ratings reports. British Land Company PLC has a 12-month low of GBX 587 ($7.82) and a 12-month high of GBX 695 ($9.25).
British Land (LON:BLND) last announced its earnings results on Thursday, May 17th. The company reported GBX 37.40 ($0.50) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 36.80 ($0.49) by GBX 0.60 ($0.01). British Land had a net margin of 73.80% and a return on equity of 5.13%.
A number of brokerages have recently issued reports on BLND. Liberum Capital restated a “hold” rating on shares of British Land in a research note on Friday, June 8th. Numis Securities restated an “add” rating on shares of British Land in a research note on Friday. Citigroup restated a “neutral” rating on shares of British Land in a research note on Tuesday, May 15th. Barclays restated an “overweight” rating and issued a GBX 700 ($9.32) price objective on shares of British Land in a research note on Thursday, February 22nd. Finally, Peel Hunt restated an “add” rating on shares of British Land in a research note on Thursday, April 5th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 695.71 ($9.26).
About British Land
Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £18.1 billion (British Land share:£13.5 billion) as at 30 September 2017 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.
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