British Land Stock Rating Reaffirmed by Kempen & Co (BLND)
British Land (LON:BLND)‘s stock had its “overweight” rating reiterated by equities researchers at Kempen & Co in a research report issued on Wednesday, Analyst Ratings News reports. They currently have a GBX 685 ($11.24) price target on the stock. Kempen & Co’s target price would suggest a potential upside of 9.42% from the company’s current price.
A number of other analysts have also recently weighed in on BLND. Analysts at Liberum Capital reiterated a “buy” rating on shares of British Land in a research note to investors on Wednesday. They now have a GBX 724 ($11.87) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of British Land in a research note to investors on Monday, December 16th. They now have a GBX 520 ($8.53) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company’s stock. British Land currently has a consensus rating of “Hold” and an average price target of GBX 623.94 ($10.23).
British Land (LON:BLND) traded up 0.77% on Wednesday, hitting GBX 624.00. The stock had a trading volume of 1,242,010 shares. British Land has a one year low of GBX 536.00 and a one year high of GBX 659.50. The stock has a 50-day moving average of GBX 610.9 and a 200-day moving average of GBX 595.5. The company’s market cap is £6.234 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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