British Land Company PLC Stock Rating Reaffirmed by Jefferies Group (BLND)
British Land Company PLC (LON:BLND)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Group in a note issued to investors on Monday. They currently have a GBX 771 ($13.13) price objective on the stock. Jefferies Group’s target price suggests a potential upside of 9.74% from the stock’s previous close.
British Land Company PLC (LON:BLND) traded down 0.70% during mid-day trading on Monday, hitting GBX 702.57. 2,599,508 shares of the company’s stock traded hands. British Land Company PLC has a 52 week low of GBX 543.50 and a 52 week high of GBX 731.14. The stock has a 50-day moving average of GBX 706. and a 200-day moving average of GBX 674.0. The company’s market cap is £7.084 billion.
BLND has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of British Land Company PLC in a research note on Monday. They now have a GBX 780 ($13.29) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of British Land Company PLC in a research note on Wednesday, June 25th. They now have a GBX 790 ($13.46) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of British Land Company PLC in a research note on Wednesday, June 25th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 715.67 ($12.19).
The British Land Company PLC (LON:BLND) is a Real estate investment trusts (REIT).
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