British Land Company PLC (BLND) Stock Rating Reaffirmed by BNP Paribas
British Land Company PLC (LON:BLND)‘s stock had its “underperform” rating reaffirmed by research analysts at BNP Paribas in a report released on Tuesday.
Several other equities research analysts have also weighed in on BLND. Peel Hunt reissued a “hold” rating and set a GBX 892 ($10.87) price objective on shares of British Land Company PLC in a research note on Friday, July 8th. Citigroup Inc. reissued a “buy” rating on shares of British Land Company PLC in a research note on Friday, June 17th. Canaccord Genuity reissued a “buy” rating and set a GBX 899 ($10.96) price objective on shares of British Land Company PLC in a research note on Monday, July 18th. Credit Suisse Group AG increased their target price on British Land Company PLC from GBX 685 ($8.35) to GBX 715 ($8.71) and gave the company an “underperform” rating in a report on Friday, June 17th. Finally, Societe Generale lowered British Land Company PLC to a “hold” rating and set a GBX 650 ($7.92) target price for the company. in a report on Tuesday, July 5th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 786.79 ($9.59).
Shares of British Land Company PLC (LON:BLND) traded up 1.02% during midday trading on Tuesday, hitting GBX 591.50. The stock had a trading volume of 3,470,266 shares. The firm’s market cap is GBX 6.09 billion. The firm has a 50-day moving average price of GBX 628.20 and a 200-day moving average price of GBX 670.76. British Land Company PLC has a 1-year low of GBX 499.96 and a 1-year high of GBX 879.00.
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In other news, insider Roberts,Timothy Andrew sold 37,499 shares of the firm’s stock in a transaction dated Friday, August 5th. The stock was sold at an average price of GBX 666 ($8.12), for a total value of £249,743.34 ($304,379.45).
British Land Company PLC Company Profile
British Land Company PLC (British Land) is a real estate company. The Company manages, develops and finances portfolio of properties. The Company focuses on retail locations around the United Kingdom and London offices. The Company allocates resources to investment and asset management according to the sectors it expects to perform over the medium-term.
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