British Land Company PLC (LON:BLND) Stock Rated “Hold” by Wall Street Brokerages

Shares of British Land Company PLC (LON:BLND) have received an average recommendation of “Hold” from the nine analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 443.62.

Separately, Jefferies Financial Group restated an “underperform” rating and issued a GBX 331 price objective on shares of British Land in a research report on Thursday, October 15th.

British Land Stock Performance

Shares of LON BLND opened at GBX 430.60 on Monday. The company’s fifty day moving average is GBX 408.87 and its 200-day moving average is GBX 405.16. The stock has a market cap of £4.41 billion, a price-to-earnings ratio of 9.51, a P/E/G ratio of 6.76 and a beta of 1.18. British Land has a twelve month low of GBX 335.40 and a twelve month high of GBX 451.60. The company has a quick ratio of 0.25, a current ratio of 0.15 and a debt-to-equity ratio of 52.34.

About British Land

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. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.