British Land Company PLC (LON:BLND) Stock Has Consensus Target Price of GBX 443.62

British Land Company PLC (LON:BLND) has been assigned an average recommendation of “Hold” from the nine brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 443.62.

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 331 target price on shares of British Land in a research report on Thursday.

British Land Price Performance

BLND stock opened at GBX 418 on Thursday. The business’s fifty day moving average price is GBX 411.77 and its 200 day moving average price is GBX 405.91. British Land has a 12-month low of GBX 335.40 and a 12-month high of GBX 451.60. The company has a current ratio of 0.15, a quick ratio of 0.25 and a debt-to-equity ratio of 52.34. The company has a market capitalization of £4.29 billion, a PE ratio of 9.23, a P/E/G ratio of 6.76 and a beta of 1.18.

About British Land

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. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.