British Land Company PLC Given Sell Rating at Deutsche Bank (BLND)
British Land Company PLC (LON:BLND)‘s stock had its “sell” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Monday. They currently have a GBX 580 ($9.93) target price on the stock. Deutsche Bank’s target price indicates a potential downside of 16.12% from the company’s current price.
Shares of British Land Company PLC (LON:BLND) traded up 0.72% on Monday, hitting GBX 696.50. 1,752,824 shares of the company’s stock traded hands. British Land Company PLC has a 1-year low of GBX 543.50 and a 1-year high of GBX 731.14. The stock’s 50-day moving average is GBX 701.9 and its 200-day moving average is GBX 679.9. The company’s market cap is £7.023 billion.
BLND has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of British Land Company PLC in a research note on Thursday. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of British Land Company PLC in a research note on Tuesday, July 8th. They now have a GBX 780 ($13.35) price target on the stock. Finally, analysts at Jefferies Group upgraded shares of British Land Company PLC to a “buy” rating in a research note on Wednesday, July 2nd. They now have a GBX 810 ($13.87) price target on the stock. Three analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 710.60 ($12.17).
The British Land Company PLC (LON:BLND) is a Real estate investment trusts (REIT).
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