Other equities analysts also recently issued research reports about the stock. Liberum Capital downgraded shares of British Land Company PLC to a sell rating in a research note on Monday, July 4th. Barclays PLC dropped their price target on shares of British Land Company PLC from GBX 900 ($11.75) to GBX 720 ($9.40) and set an overweight rating for the company in a research note on Thursday, July 7th. Societe Generale downgraded shares of British Land Company PLC to a hold rating and set a GBX 650 ($8.48) price target for the company. in a research note on Tuesday, July 5th. Deutsche Bank AG reaffirmed a hold rating on shares of British Land Company PLC in a research note on Monday, September 19th. Finally, Jefferies Group raised their price target on shares of British Land Company PLC from GBX 647 ($8.45) to GBX 738 ($9.63) and gave the company a buy rating in a research note on Friday. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 786.79 ($10.27).
Shares of British Land Company PLC (LON:BLND) traded up 0.79% during mid-day trading on Monday, hitting GBX 634.00. 3,110,437 shares of the company’s stock traded hands. The company’s market cap is GBX 6.53 billion. The firm has a 50-day moving average of GBX 646.51 and a 200 day moving average of GBX 678.66. British Land Company PLC has a 52 week low of GBX 499.96 and a 52 week high of GBX 879.00.
The company also recently declared a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 6th will be issued a dividend of GBX 7.30 ($0.10) per share. The ex-dividend date of this dividend is Thursday, October 6th. This is a boost from British Land Company PLC’s previous dividend of $7.09. This represents a yield of 1.16%.
In related news, insider Roberts,Timothy Andrew sold 37,499 shares of the business’s stock in a transaction dated Friday, August 5th. The shares were sold at an average price of GBX 666 ($8.69), for a total transaction of £249,743.34 ($325,993.13).
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.
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