British Land Company PLC (LON:BLND)‘s stock had its “underperform” rating reaffirmed by analysts at BNP Paribas in a report released on Wednesday. They presently have a GBX 660 ($8.19) target price on the stock. BNP Paribas’ target price indicates a potential upside of 10.00% from the company’s previous close.

Several other brokerages also recently commented on BLND. JPMorgan Chase & Co. lowered their target price on shares of British Land Company PLC from GBX 900 ($11.16) to GBX 800 ($9.92) and set an “overweight” rating for the company in a research note on Tuesday, September 6th. Numis Securities Ltd downgraded shares of British Land Company PLC to a “hold” rating and lowered their target price for the company from GBX 805 ($9.99) to GBX 671 ($8.32) in a research note on Tuesday, August 16th. Morgan Stanley upped their target price on shares of British Land Company PLC from GBX 610 ($7.57) to GBX 660 ($8.19) and gave the company an “overweight” rating in a research note on Wednesday, August 31st. Jefferies Group upped their target price on shares of British Land Company PLC from GBX 647 ($8.03) to GBX 738 ($9.16) and gave the company a “buy” rating in a research note on Friday, September 30th. Finally, HSBC upped their target price on shares of British Land Company PLC from GBX 647 ($8.03) to GBX 738 ($9.16) and gave the company a “buy” rating in a research note on Friday, September 30th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 758.95 ($9.42).

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

British Land Company PLC (LON:BLND) opened at 599.00 on Wednesday. The firm’s market cap is GBX 6.17 billion. British Land Company PLC has a 52-week low of GBX 499.96 and a 52-week high of GBX 853.00. The firm has a 50-day moving average of GBX 593.79 and a 200 day moving average of GBX 646.80.

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

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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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