British Land Company PLC (LON:BLND) shares were up 0.5% on Monday . The stock traded as high as GBX 610 ($7.89) and last traded at GBX 608 ($7.86). Approximately 964,845 shares were traded during trading, a decline of 72% from the average daily volume of 3,440,640 shares. The stock had previously closed at GBX 605 ($7.82).

BLND has been the subject of a number of recent analyst reports. Goldman Sachs Group, Inc. (The) boosted their price objective on British Land Company PLC from GBX 707 ($9.14) to GBX 725 ($9.38) and gave the company a “neutral” rating in a research report on Friday, May 12th. Liberum Capital boosted their price objective on British Land Company PLC from GBX 650 ($8.41) to GBX 665 ($8.60) and gave the company a “hold” rating in a research report on Tuesday, August 1st. Peel Hunt restated a “hold” rating and issued a GBX 675 ($8.73) price objective on shares of British Land Company PLC in a research report on Wednesday, May 17th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 750 ($9.70) price objective on shares of British Land Company PLC in a research report on Thursday, May 18th. Finally, Credit Suisse Group restated a “neutral” rating on shares of British Land Company PLC in a research report on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 665.25 ($8.60).

The company’s 50 day moving average price is GBX 612.07 and its 200-day moving average price is GBX 624.07. The firm’s market capitalization is GBX 6.27 billion.

The firm also recently declared a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, October 5th will be issued a GBX 7.52 ($0.10) dividend. This is a boost from British Land Company PLC’s previous dividend of $7.30. This represents a dividend yield of 1.21%. The ex-dividend date is Thursday, October 5th.

In related news, insider Charles Maudsley sold 11,205 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of GBX 601 ($7.77), for a total value of £67,342.05 ($87,095.25). Also, insider William Jackson acquired 1,144 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The stock was purchased at an average cost of GBX 604 ($7.81) per share, with a total value of £6,909.76 ($8,936.58). Insiders purchased a total of 1,217 shares of company stock valued at $736,188 over the last ninety days.

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British Land Company PLC Company Profile

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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