British Land Company PLC Receives Average Rating of “Hold” from Analysts (LON:BLND)
Shares of British Land Company PLC (LON:BLND) have received a consensus rating of “Hold” from the seventeen analysts that are covering the company, Stock Ratings Network.com reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 740.86 ($12.38).
A number of analysts have recently weighed in on BLND shares. Analysts at Jefferies Group reiterated a “buy” rating on shares of British Land Company PLC in a research note on Tuesday, August 12th. They now have a GBX 810 ($13.54) price target on the stock. Separately, analysts at Liberum Capital upgraded shares of British Land Company PLC to a “buy” rating in a research note on Monday, August 11th. They now have a GBX 763 ($12.75) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of British Land Company PLC in a research note on Thursday, July 31st. They now have a GBX 800 ($13.37) price target on the stock.
Shares of British Land Company PLC (LON:BLND) opened at 727.00 on Monday. British Land Company PLC has a 52-week low of GBX 543.50 and a 52-week high of GBX 736.50. The stock has a 50-day moving average of GBX 703. and a 200-day moving average of GBX 690.. The company’s market cap is £7.331 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 7th. Shareholders of record on Wednesday, October 1st will be given a dividend of GBX 6.92 ($0.12) per share. This represents a yield of 0.98%. The ex-dividend date of this dividend is Wednesday, October 1st.
The British Land Company PLC (LON:BLND) is a Real estate investment trusts (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.