British Land Company PLC Receives Outperform Rating from BNP Paribas (BLND)
British Land Company PLC (LON:BLND)‘s stock had its “outperform” rating reiterated by research analysts at BNP Paribas in a report released on Thursday, Analyst Ratings News reports. They currently have a GBX 720 ($11.81) target price on the stock. BNP Paribas’ target price would suggest a potential upside of 7.62% from the stock’s previous close.
A number of other firms have also recently commented on BLND. Analysts at Deutsche Bank reiterated a “sell” rating on shares of British Land Company PLC in a research note on Friday, February 7th. They now have a GBX 520 ($8.53) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of British Land Company PLC in a research note on Monday, February 3rd. They now have a GBX 660 ($10.83) price target on the stock. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company’s stock. British Land Company PLC presently has a consensus rating of “Hold” and a consensus price target of GBX 662.83 ($10.88).
Shares of British Land Company PLC (LON:BLND) traded down 0.96% during mid-day trading on Thursday, hitting GBX 672.00. The stock had a trading volume of 1,930,426 shares. British Land Company PLC has a 1-year low of GBX 536.00 and a 1-year high of GBX 683.00. The stock’s 50-day moving average is GBX 647.7 and its 200-day moving average is GBX 606.. The company’s market cap is £6.713 billion.
The company also recently declared a dividend, which is scheduled for Friday, May 2nd. Investors of record on Wednesday, March 19th will be given a dividend of GBX 6.75 ($0.11) per share. This represents a yield of 1%. The ex-dividend date of this dividend is Wednesday, March 19th.
The British Land Company PLC (LON:BLND) is a real estate investment trust (REIT).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.