British Land Company PLC (LON:BLND)‘s stock had its “underperform” rating reiterated by research analysts at BNP Paribas in a report issued on Tuesday.
Several other research firms have also recently issued reports on BLND. Deutsche Bank AG cut their target price on British Land Company PLC from GBX 900 ($11.14) to GBX 810 ($10.02) and set a “hold” rating on the stock in a research note on Friday, June 24th. JPMorgan Chase & Co. cut their price objective on British Land Company PLC from GBX 950 ($11.76) to GBX 900 ($11.14) and set an “overweight” rating on the stock in a research report on Wednesday, June 22nd. Credit Suisse Group AG lifted their price objective on British Land Company PLC from GBX 685 ($8.48) to GBX 715 ($8.85) and gave the company an “underperform” rating in a research report on Friday, June 17th. Citigroup Inc. reaffirmed a “buy” rating on shares of British Land Company PLC in a research report on Friday, June 17th. Finally, Numis Securities Ltd cut British Land Company PLC to a “hold” rating and cut their price objective for the company from GBX 805 ($9.96) to GBX 671 ($8.30) in a research report on Tuesday, August 16th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 786.79 ($9.74).
Shares of British Land Company PLC (LON:BLND) opened at 595.50 on Tuesday. The company’s 50 day moving average price is GBX 633.36 and its 200-day moving average price is GBX 673.33. The stock’s market capitalization is GBX 6.13 billion. British Land Company PLC has a 12 month low of GBX 499.96 and a 12 month high of GBX 879.00.
The business also recently announced a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 6th will be paid a dividend of GBX 7.30 ($0.09) per share. The ex-dividend date of this dividend is Thursday, October 6th. This is a positive change from British Land Company PLC’s previous dividend of $7.09. This represents a yield of 1.16%.
In other British Land Company PLC news, insider Roberts,Timothy Andrew sold 13,994 shares of the business’s stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of GBX 661 ($8.18), for a total transaction of £92,500.34 ($114,480.62).
British Land Company PLC Company Profile
British Land Company PLC (British Land) is a real estate company. The Company manages, develops and finances portfolio of properties. The Company focuses on retail locations around the United Kingdom and London offices. The Company allocates resources to investment and asset management according to the sectors it expects to perform over the medium-term.
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.