Deutsche Bank Raises British Land (BLND) Price Target to GBX 700
Other equities analysts have also issued reports about the stock. Societe Generale restated a hold rating and issued a GBX 610 ($8.21) price objective on shares of British Land in a research report on Friday, November 17th. HSBC restated a hold rating and issued a GBX 678 ($9.13) price objective on shares of British Land in a research report on Friday, November 17th. Numis Securities restated a hold rating and issued a GBX 652 ($8.78) price objective on shares of British Land in a research report on Friday. lowered shares of British Land to a hold rating and cut their price objective for the company from GBX 738 ($9.93) to GBX 678 ($9.13) in a research report on Monday, August 21st. Finally, Liberum Capital restated a hold rating and issued a GBX 665 ($8.95) price objective on shares of British Land in a research report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 663.38 ($8.93).
Shares of British Land (LON:BLND) opened at GBX 637 ($8.57) on Friday. British Land has a 1-year low of GBX 574.60 ($7.73) and a 1-year high of GBX 675.50 ($9.09).
In other British Land news, insider Lucinda Bell sold 60,000 shares of British Land stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of GBX 622 ($8.37), for a total transaction of £373,200 ($502,288.02). Also, insider William Jackson purchased 1,098 shares of the firm’s stock in a transaction on Friday, October 6th. The shares were acquired at an average cost of GBX 598 ($8.05) per share, for a total transaction of £6,566.04 ($8,837.20). Insiders purchased 1,172 shares of company stock worth $701,246 over the last ninety days.
ILLEGAL ACTIVITY WARNING: This article was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another publication, it was stolen and republished in violation of US and international copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/12/05/deutsche-bank-raises-british-land-blnd-price-target-to-gbx-700.html.
British Land 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.
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.