Several other equities analysts also recently issued reports on the stock. BNP Paribas reissued an underperform rating on shares of British Land Company PLC in a report on Tuesday, October 11th. Goldman Sachs Group Inc. reduced their price objective on shares of British Land Company PLC from GBX 910 ($11.09) to GBX 736 ($8.97) and set a neutral rating for the company in a report on Wednesday, June 29th. Deutsche Bank AG reaffirmed a hold rating on shares of British Land Company PLC in a report on Monday, September 19th. Citigroup Inc. reaffirmed a buy rating and issued a GBX 741 ($9.03) price objective on shares of British Land Company PLC in a report on Monday, July 18th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of British Land Company PLC from GBX 950 ($11.58) to GBX 900 ($10.97) and set an overweight rating for the company in a report on Wednesday, June 22nd. Three research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 786.79 ($9.59).
Shares of British Land Company PLC (LON:BLND) opened at 585.50 on Thursday. The company’s 50-day moving average is GBX 628.34 and its 200-day moving average is GBX 671.60. British Land Company PLC has a 52 week low of GBX 499.96 and a 52 week high of GBX 879.00. The firm’s market cap is GBX 6.03 billion.
In related news, insider Roberts,Timothy Andrew sold 37,499 shares of the business’s stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of GBX 666 ($8.12), for a total value of £249,743.34 ($304,379.45).
About British Land Company PLC
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.
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