British Land (BTLCY) Projected to Post Quarterly Earnings on Wednesday

British Land (OTCMKTS:BTLCY) is anticipated to announce its results on Wednesday, November 18th. Analysts expect the company to announce earnings of $0.2108 per share and revenue of $357.46 million for the quarter.

British Land Trading Down 0.9%

BTLCY stock opened at $5.81 on Wednesday. The firm’s 50-day moving average price is $5.51 and its two-hundred day moving average price is $5.42. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32. British Land has a 12-month low of $4.50 and a 12-month high of $6.08.

Analyst Ratings Changes

A number of brokerages have recently weighed in on BTLCY. Morgan Stanley reiterated an “overweight” rating on shares of British Land in a research report on Tuesday, September 1st. Kepler Capital Markets lowered British Land from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 22nd. Barclays reiterated an “overweight” rating on shares of British Land in a report on Monday, August 24th. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of British Land in a research report on Wednesday, October 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

British Land Company Profile

British Land is a UK-based property company that owns, develops and manages commercial real estate. Founded in 1856, it has built a portfolio focused primarily on offices and retail parks, alongside mixed-use properties. The company’s holdings include office campuses and retail destinations in London and other parts of the UK. British Land also undertakes development and asset-management work, aiming to create and improve places for businesses, shoppers and local communities. British Land is led by Chief Executive Officer Simon Carter and chaired by William Rucker.