British Land Company PLC (BLND) Stock Rating Reaffirmed by Liberum Capital
British Land Company PLC (LON:BLND)‘s stock had its “hold” rating restated by equities research analysts at Liberum Capital in a research report issued on Tuesday. They currently have a GBX 650 ($8.49) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 7.62% from the stock’s current price.
Several other equities research analysts have also commented on BLND. BNP Paribas restated a “neutral” rating and issued a GBX 700 ($9.14) price target on shares of British Land Company PLC in a research note on Monday, April 3rd. Jefferies Group LLC restated an “underperform” rating and issued a GBX 500 ($6.53) price target on shares of British Land Company PLC in a research note on Wednesday, April 26th. Goldman Sachs Group, Inc. (The) raised their price target on shares of British Land Company PLC from GBX 707 ($9.23) to GBX 725 ($9.47) and gave the company a “neutral” rating in a research note on Friday, May 12th. Peel Hunt restated a “hold” rating and issued a GBX 675 ($8.81) price target on shares of British Land Company PLC in a research note on Wednesday, May 17th. Finally, J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 750 ($9.79) price target on shares of British Land Company PLC in a research note on Thursday, May 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 664.14 ($8.67).
British Land Company PLC (BLND) opened at 620.50 on Tuesday. The firm’s market cap is GBX 6.39 billion. British Land Company PLC has a 52-week low of GBX 566.41 and a 52-week high of GBX 682.50. The firm’s 50-day moving average price is GBX 633.54 and its 200 day moving average price is GBX 624.99.
In other British Land Company PLC news, insider William Jackson purchased 1,144 shares of the firm’s stock in a transaction on Friday, July 7th. The shares were purchased at an average price of GBX 604 ($7.89) per share, for a total transaction of £6,909.76 ($9,022.93). Also, insider Nick Macpherson purchased 2,300 shares of the firm’s stock in a transaction on Friday, May 19th. The stock was acquired at an average price of GBX 638 ($8.33) per share, for a total transaction of £14,674 ($19,161.66). In the last 90 days, insiders acquired 10,359 shares of company stock worth $6,535,904.
About British Land Company PLC
The British Land Company PLC is a real estate company. The Company owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It creates and operates places for people to work, shop and live in. Its segments are Offices and residential, Retail and leisure, Canada Water and Other/unallocated.
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