British Land Company PLC’s “Buy” Rating Reiterated at Liberum Capital (BLND)
British Land Company PLC (LON:BLND)‘s stock had its “buy” rating reaffirmed by analysts at Liberum Capital in a research report issued to clients and investors on Wednesday. They currently have a GBX 763 ($12.75) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 5.39% from the stock’s previous close.
Shares of British Land Company PLC (LON:BLND) opened at 723.73 on Wednesday. British Land Company PLC has a 1-year low of GBX 543.50 and a 1-year high of GBX 737.00. The stock has a 50-day moving average of GBX 704.3 and a 200-day moving average of GBX 691.3. The company’s market cap is £7.298 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 7th. Stockholders 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 is Wednesday, October 1st.
A number of other analysts have also recently weighed in on BLND. 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 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. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 740.86 ($12.38).
The British Land Company PLC (LON:BLND) is a Real estate investment trusts (REIT).
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