British Land Company PLC Stock Rating Reaffirmed by Jefferies Group (BLND)
British Land Company PLC (LON:BLND)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Monday. They currently have a GBX 810 ($13.75) price target on the stock. Jefferies Group’s price objective indicates a potential upside of 12.95% from the stock’s previous close.
British Land Company PLC (LON:BLND) traded up 0.21% during mid-day trading on Monday, hitting GBX 718.50. 1,466,630 shares of the company’s stock traded hands. British Land Company PLC has a one year low of GBX 543.50 and a one year high of GBX 736.50. The stock has a 50-day moving average of GBX 701.3 and a 200-day moving average of GBX 686.2. The company’s market cap is £7.245 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 7th. Stockholders of record on Wednesday, October 1st will be paid a dividend of GBX 6.92 ($0.12) per share. This represents a dividend yield of 0.98%. The ex-dividend date is Wednesday, October 1st.
A number of other analysts have also recently weighed in on BLND. Analysts at Goldman Sachs reiterated a “buy” rating on shares of British Land Company PLC in a research note on Tuesday, July 22nd. They now have a GBX 785 ($13.33) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of British Land Company PLC in a research note on Tuesday, July 22nd. Finally, analysts at Barclays raised their price target on shares of British Land Company PLC from GBX 695 ($11.80) to GBX 936 ($15.89) in a research note on Friday, July 18th. They now have an “overweight” rating on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 740.14 ($12.57).
The British Land Company PLC (LON:BLND) is a Real estate investment trusts (REIT).
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