British Land Company PLC (BLND) Rating Reiterated by BNP Paribas
British Land Company PLC (LON:BLND)‘s stock had its “underperform” rating reissued by investment analysts at BNP Paribas in a research note issued to investors on Monday.
A number of other equities research analysts have also recently issued reports on BLND. Citigroup Inc. restated a “buy” rating on shares of British Land Company PLC in a research note on Friday, June 17th. Credit Suisse Group AG upped their price target on British Land Company PLC from GBX 685 ($8.94) to GBX 715 ($9.33) and gave the company an “underperform” rating in a research report on Friday, June 17th. JPMorgan Chase & Co. decreased their price target on British Land Company PLC from GBX 950 ($12.40) to GBX 900 ($11.75) and set an “overweight” rating on the stock in a research report on Wednesday, June 22nd. Deutsche Bank AG decreased their price target on British Land Company PLC from GBX 900 ($11.75) to GBX 810 ($10.57) and set a “hold” rating on the stock in a research report on Friday, June 24th. Finally, Goldman Sachs Group Inc. decreased their price target on British Land Company PLC from GBX 910 ($11.88) to GBX 736 ($9.61) and set a “neutral” rating on the stock in a research report on Wednesday, June 29th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the stock. British Land Company PLC presently has an average rating of “Hold” and an average price target of GBX 775.21 ($10.12).
Shares of British Land Company PLC (LON:BLND) opened at 629.00 on Monday. The stock has a 50 day moving average of GBX 646.51 and a 200-day moving average of GBX 678.66. British Land Company PLC has a 1-year low of GBX 499.96 and a 1-year high of GBX 879.00. The firm’s market capitalization is GBX 6.47 billion.
The firm also recently announced a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 6th will be issued a dividend of GBX 7.30 ($0.10) per share. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, October 6th. This is an increase from British Land Company PLC’s previous dividend of $7.09.
In related news, insider Roberts,Timothy Andrew sold 13,994 shares of the company’s stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of GBX 661 ($8.63), for a total transaction 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.
Receive News & Stock Ratings for British Land Company PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land Company PLC and related stocks with our FREE daily email newsletter.