British Land Upgraded to Add at Numis Securities Ltd (BLND)
British Land (LON:BLND) was upgraded by research analysts at Numis Securities Ltd from a “hold” rating to an “add” rating in a report released on Tuesday, StockRatingsNetwork.com reports. The firm currently has a GBX 615 ($9.62) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 10.31% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of British Land (LON:BLND) in a research note to investors on Monday. They now have a GBX 615 ($9.62) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of British Land (LON:BLND) in a research note to investors on Thursday, September 5th. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of British Land (LON:BLND) in a research note to investors on Wednesday, September 4th. They now have a GBX 536 ($8.38) price target on the stock.
Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 599.87 ($9.38).
British Land (LON:BLND) opened at 573.50 on Tuesday. British Land has a 52 week low of GBX 506.00 and a 52 week high of GBX 659.50. The stock’s 50-day moving average is GBX 579.5 and its 200-day moving average is GBX 584.9. The company’s market cap is £5.656 billion.
The British Land Company PLC is a real estate investment trust. It provides investors with access to a diverse range of property assets, which it manages, finances and develops.
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