British Land Company PLC (LON:BLND) had its target price upped by stock analysts at BNP Paribas from GBX 600 ($7.50) to GBX 660 ($8.25) in a note issued to investors on Thursday. The brokerage presently has an “underperform” rating on the stock. BNP Paribas’ price objective points to a potential upside of 9.36% from the company’s previous close.

A number of other brokerages have also commented on BLND. JPMorgan Chase & Co. dropped their price target on British Land Company PLC from GBX 900 ($11.24) to GBX 800 ($10.00) and set an “overweight” rating on the stock in a report on Tuesday, September 6th. Numis Securities Ltd lowered British Land Company PLC to a “hold” rating and dropped their price target for the stock from GBX 805 ($10.06) to GBX 671 ($8.38) in a report on Tuesday, August 16th. Morgan Stanley lifted their price target on British Land Company PLC from GBX 610 ($7.62) to GBX 660 ($8.25) and gave the stock an “overweight” rating in a report on Wednesday, August 31st. Jefferies Group lifted their price target on British Land Company PLC from GBX 647 ($8.08) to GBX 738 ($9.22) and gave the stock a “buy” rating in a report on Friday, September 30th. Finally, HSBC lifted their price target on British Land Company PLC from GBX 647 ($8.08) to GBX 738 ($9.22) and gave the stock a “buy” rating in a report on Friday, September 30th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. British Land Company PLC currently has an average rating of “Hold” and a consensus price target of GBX 759.53 ($9.49).

Analyst Recommendations for British Land Company PLC (LON:BLND)

Shares of British Land Company PLC (LON:BLND) opened at 603.5000 on Thursday. The company’s market cap is GBX 6.21 billion. The company has a 50-day moving average price of GBX 597.14 and a 200-day moving average price of GBX 652.81. British Land Company PLC has a 1-year low of GBX 499.96 and a 1-year high of GBX 853.00.

The company also recently disclosed a dividend, which will be paid on Friday, February 10th. Stockholders of record on Thursday, January 5th will be issued a GBX 7.30 ($0.09) dividend. This represents a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, January 5th.

British Land Company PLC Company Profile

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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