British Land Company PLC (LON:BLND) Given Consensus Rating of “Hold” by Analysts

British Land Company PLC (LON:BLND) has been assigned an average recommendation of “Hold” from the five ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 407.25 ($5.12).

A number of equities analysts recently commented on the company. Berenberg Bank assumed coverage on British Land in a research note on Wednesday, January 10th. They issued a “buy” rating and a GBX 469 ($5.89) price target for the company. Barclays downgraded British Land to an “equal weight” rating and lowered their price objective for the stock from GBX 432 ($5.43) to GBX 405 ($5.09) in a research note on Friday.

British Land Stock Performance

Shares of BLND opened at GBX 402.96 ($5.06) on Friday. British Land has a 52-week low of GBX 287.30 ($3.61) and a 52-week high of GBX 421.90 ($5.30). The company has a quick ratio of 0.25, a current ratio of 0.38 and a debt-to-equity ratio of 45.41. The firm has a market cap of £3.74 billion, a price-to-earnings ratio of -353.86, a PEG ratio of 6.76 and a beta of 1.54. The business’s 50 day moving average is GBX 377.66 and its two-hundred day moving average is GBX 368.42.

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.