JPMorgan Chase & Co. Reiterates “overweight” Rating for British Land (BLND)
British Land (LON:BLND)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday, AR Network reports. They currently have a GBX 670 ($10.48) price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 16.72% from the company’s current price.
A number of other analysts have also recently weighed in on BLND. Analysts at Numis Securities Ltd upgraded shares of British Land (LON:BLND) from a “hold” rating to an “add” rating in a research note to investors on Tuesday. They now have a GBX 615 ($9.62) price target on the stock. Separately, 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. Finally, 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.
Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 599.87 ($9.38).
Shares of British Land (LON:BLND) opened at 576.00 on Friday. The stock’s 50-day moving average is GBX 576.8 and its 200-day moving average is GBX 584.8. The company’s market cap is £5.680 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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