British Land Company PLC (BLND) Receives Consensus Rating of “Hold” from Analysts
British Land Company PLC (LON:BLND) has been given a consensus rating of “Hold” by the twelve ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 665.73 ($8.98).
A number of research analysts recently weighed in on BLND shares. Liberum Capital raised their price objective on British Land Company PLC from GBX 530 ($7.15) to GBX 650 ($8.76) and gave the company a “hold” rating in a research note on Friday, May 26th. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 700 ($9.44) price objective on shares of British Land Company PLC in a research note on Monday, June 5th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 611 ($8.24) price objective on shares of British Land Company PLC in a research note on Thursday, June 15th. Credit Suisse Group reissued a “neutral” rating on shares of British Land Company PLC in a research note on Wednesday, June 28th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 679 ($9.15) price objective on shares of British Land Company PLC in a research note on Tuesday, July 18th.
British Land Company PLC (LON:BLND) opened at 599.00 on Friday. The stock’s market cap is GBX 6.17 billion. British Land Company PLC has a 12-month low of GBX 566.41 and a 12-month high of GBX 675.50. The firm has a 50-day moving average price of GBX 608.12 and a 200-day moving average price of GBX 623.49.
The firm also recently declared a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 5th will be given a GBX 7.52 ($0.10) dividend. This is an increase from British Land Company PLC’s previous dividend of $7.30. This represents a yield of 1.21%. The ex-dividend date is Thursday, October 5th.
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In other news, insider William Jackson acquired 1,144 shares of the firm’s stock in a transaction dated Friday, July 7th. The shares were bought at an average price of GBX 604 ($8.14) per share, with a total value of £6,909.76 ($9,316.11). Also, insider Charles Maudsley sold 11,205 shares of British Land Company PLC stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of GBX 601 ($8.10), for a total value of £67,342.05 ($90,794.19). Over the last ninety days, insiders acquired 1,218 shares of company stock worth $735,968.
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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