Other equities research analysts have also recently issued reports about the stock. Liberum Capital cut shares of British Land Company PLC to a sell rating in a research report on Monday, July 4th. Barclays PLC reduced their target price on shares of British Land Company PLC from GBX 900 ($11.75) to GBX 720 ($9.40) and set an overweight rating for the company in a report on Thursday, July 7th. Societe Generale cut shares of British Land Company PLC to a hold rating and set a GBX 650 ($8.48) target price for the company. in a report on Tuesday, July 5th. Deutsche Bank AG reaffirmed a hold rating on shares of British Land Company PLC in a report on Monday, September 19th. Finally, Citigroup Inc. reaffirmed a buy rating on shares of British Land Company PLC in a report on Friday, June 17th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company. British Land Company PLC presently has a consensus rating of Hold and a consensus target price of GBX 786.79 ($10.27).
Shares of British Land Company PLC (LON:BLND) opened at 608.32 on Monday. The company has a 50-day moving average price of GBX 644.26 and a 200 day moving average price of GBX 677.65. The firm’s market capitalization is GBX 6.26 billion. British Land Company PLC has a 12-month low of GBX 499.96 and a 12-month high of GBX 879.00.
The company also recently announced a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 6th will be given a dividend of GBX 7.30 ($0.10) per share. The ex-dividend date is Thursday, October 6th. This represents a yield of 1.16%. This is a positive change from British Land Company PLC’s previous dividend of $7.09.
In related news, insider Roberts,Timothy Andrew sold 13,994 shares of the firm’s stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of GBX 661 ($8.63), for a total transaction of £92,500.34 ($120,741.86).
British Land Company PLC Company Profile
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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