British Land Company PLC (BTLCY) Given Average Rating of “Hold” by Analysts
Shares of British Land Company PLC (OTCMKTS:BTLCY) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.
BTLCY has been the topic of several analyst reports. BNP Paribas cut British Land Company PLC from an “outperform” rating to an “underperform” rating in a research report on Friday, July 8th. Liberum Capital cut British Land Company PLC from a “hold” rating to a “sell” rating in a report on Friday, July 8th. Numis Securities Ltd cut British Land Company PLC from an “add” rating to a “hold” rating in a report on Tuesday, August 16th. Finally, Societe Generale cut British Land Company PLC from a “buy” rating to a “hold” rating in a report on Tuesday, July 5th.
British Land Company PLC (OTCMKTS:BTLCY) traded down 1.61% during trading on Monday, reaching $7.32. The company had a trading volume of 20,775 shares. British Land Company PLC has a one year low of $7.11 and a one year high of $13.85. The firm’s 50-day moving average price is $8.35 and its 200 day moving average price is $9.41. The firm has a market capitalization of $7.53 billion and a P/E ratio of 4.64.
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.
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