British Land Company PLC Price Target Increased to GBX 771 by Analysts at Jefferies Group (BLND)
Equities research analysts at Jefferies Group hoisted their price objective on shares of British Land Company PLC (LON:BLND) from GBX 766 ($12.90) to GBX 771 ($12.99) in a research note issued to investors on Monday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 9.83% from the stock’s previous close.
Shares of British Land Company PLC (LON:BLND) opened at 702.00 on Monday. British Land Company PLC has a 52 week low of GBX 543.50 and a 52 week high of GBX 722.50. The stock’s 50-day moving average is GBX 681.0 and its 200-day moving average is GBX 652.9. The company’s market cap is £7.013 billion.
The company also recently declared a dividend, which is scheduled for Friday, August 8th. Investors of record on Wednesday, July 2nd will be given a dividend of GBX 6.75 ($0.11) per share. This represents a yield of 0.94%. The ex-dividend date of this dividend is Wednesday, July 2nd.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital downgraded shares of British Land Company PLC to a “hold” rating in a research note on Friday, May 9th. They now have a GBX 753 ($12.68) price target on the stock, up previously from GBX 732 ($12.33). Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of British Land Company PLC in a research note on Wednesday, May 7th. They now have a GBX 520 ($8.76) price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of British Land Company PLC in a research note on Tuesday, May 6th. They now have a GBX 820 ($13.81) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 687.47 ($11.58).
The British Land Company PLC (LON:BLND) is a Real estate investment trusts (REIT).
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