British Land Company PLC (LON:BLND)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank AG in a research note issued to investors on Tuesday.
Other research analysts also recently issued reports about the company. BNP Paribas restated an “underperform” rating on shares of British Land Company PLC in a research note on Thursday, September 1st. Liberum Capital lowered British Land Company PLC to a “sell” rating in a research report on Monday, July 4th. Barclays PLC reduced their price target on British Land Company PLC from GBX 900 ($11.75) to GBX 720 ($9.40) and set an “overweight” rating for the company in a research report on Thursday, July 7th. Societe Generale lowered British Land Company PLC to a “hold” rating and set a GBX 650 ($8.48) price target for the company. in a research report on Tuesday, July 5th. Finally, Citigroup Inc. reiterated a “buy” rating on shares of British Land Company PLC in a research report on Friday, June 17th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 786.79 ($10.27).
Shares of British Land Company PLC (LON:BLND) opened at 615.50 on Tuesday. The company’s 50-day moving average price is GBX 644.26 and its 200-day moving average price is GBX 677.65. The stock’s market cap is GBX 6.34 billion. British Land Company PLC has a 52-week low of GBX 499.96 and a 52-week high of GBX 879.00.
The company also recently announced a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 6th will be given a GBX 7.30 ($0.10) dividend. This is a positive change from British Land Company PLC’s previous dividend of $7.09. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, October 6th.
In other British Land Company PLC news, insider Roberts,Timothy Andrew sold 13,994 shares of the company’s stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of GBX 661 ($8.63), for a total value of £92,500.34 ($120,741.86).
About British Land Company PLC
British Land Company PLC (British Land) is a real estate company. The Company manages, develops and finances portfolio of properties. The Company focuses on retail locations around the United Kingdom and London offices. The Company allocates resources to investment and asset management according to the sectors it expects to perform over the medium-term.
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