British Land Company PLC (LON:BLND)‘s stock had its “sell” rating reaffirmed by equities research analysts at Liberum Capital in a note issued to investors on Thursday.
Several other brokerages also recently commented on BLND. BNP Paribas reiterated an “outperform” rating and set a GBX 720 ($8.91) price target on shares of British Land Company PLC in a report on Monday, June 27th. JPMorgan Chase & Co. lowered their price target on British Land Company PLC from GBX 950 ($11.76) to GBX 900 ($11.14) and set an “overweight” rating on the stock in a report on Wednesday, June 22nd. Citigroup Inc. reiterated a “buy” rating on shares of British Land Company PLC in a report on Friday, June 17th. Canaccord Genuity reiterated a “buy” rating and set a GBX 899 ($11.13) price target on shares of British Land Company PLC in a report on Monday, July 18th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of British Land Company PLC in a report on Tuesday, October 4th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 786.79 ($9.74).
Shares of British Land Company PLC (LON:BLND) opened at 593.405 on Thursday. The firm’s 50 day moving average is GBX 632.08 and its 200-day moving average is GBX 672.69. The firm’s market capitalization is GBX 6.11 billion. British Land Company PLC has a one year low of GBX 499.96 and a one year high of GBX 879.00.
In other news, insider Roberts,Timothy Andrew sold 13,994 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of GBX 661 ($8.18), for a total value of £92,500.34 ($114,480.62).
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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