British Land Company PLC (BTLCY) Downgraded to Neutral at JPMorgan Chase & Co.
British Land Company PLC (OTCMKTS:BTLCY) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Friday.
Separately, Zacks Investment Research upgraded shares of British Land Company PLC from a “hold” rating to a “buy” rating and set a $9.75 target price for the company in a report on Friday, April 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. British Land Company PLC currently has a consensus rating of “Hold” and a consensus price target of $9.75.
Shares of British Land Company PLC (OTCMKTS:BTLCY) traded down 0.18% on Friday, reaching $8.22. The company had a trading volume of 5,971 shares. The stock has a market capitalization of $8.46 billion and a P/E ratio of 43.72. British Land Company PLC has a 1-year low of $7.11 and a 1-year high of $11.64. The company’s 50 day moving average price is $8.47 and its 200-day moving average price is $7.90.
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British Land Company PLC Company Profile
The British Land Company PLC is a real estate company. The Company owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It creates and operates places for people to work, shop and live in. Its segments are Offices and residential, Retail and leisure, Canada Water and Other/unallocated.
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