British Land Company PLC (BLND) Receives Hold Rating from Numis Securities Ltd
Numis Securities Ltd reiterated their hold rating on shares of British Land Company PLC (LON:BLND) in a report released on Wednesday morning. Numis Securities Ltd currently has a GBX 671 ($8.38) price objective on the stock.
Several other equities analysts also recently issued reports on BLND. BNP Paribas reissued an underperform rating on shares of British Land Company PLC in a report on Monday, August 1st. Morgan Stanley lifted their price target on shares of British Land Company PLC from GBX 610 ($7.62) to GBX 660 ($8.25) and gave the company an overweight rating in a report on Wednesday, August 31st. JPMorgan Chase & Co. cut their price target on shares of British Land Company PLC from GBX 900 ($11.24) to GBX 800 ($10.00) and set an overweight rating for the company in a report on Tuesday, September 6th. Deutsche Bank AG reissued a hold rating on shares of British Land Company PLC in a report on Monday, September 19th. Finally, HSBC lifted their price target on shares of British Land Company PLC from GBX 647 ($8.08) to GBX 738 ($9.22) and gave the company a buy rating in a report on Friday, September 30th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 759.53 ($9.49).
British Land Company PLC (LON:BLND) traded up 2.95% on Wednesday, hitting GBX 610.00. 4,402,433 shares of the stock traded hands. The stock has a 50-day moving average price of GBX 599.19 and a 200 day moving average price of GBX 653.92. British Land Company PLC has a 12-month low of GBX 499.96 and a 12-month high of GBX 853.00. The stock’s market cap is GBX 6280.94 billion.
The company also recently declared a dividend, which will be paid on Friday, February 10th. Shareholders of record on Thursday, January 5th will be given a dividend of GBX 7.30 ($0.09) per share. This represents a yield of 1.23%. The ex-dividend date is Thursday, January 5th.
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.