British Land (BLND) Given New GBX 740 Price Target at JPMorgan Chase & Co.
British Land (LON:BLND) had its target price lifted by analysts at JPMorgan Chase & Co. from GBX 710 ($9.63) to GBX 740 ($10.04) in a report released on Monday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 10.78% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on the stock. Jefferies Group reissued an “underperform” rating and issued a GBX 500 ($6.78) price target on shares of British Land in a research note on Friday, November 17th. HSBC reissued a “hold” rating and issued a GBX 678 ($9.19) price target on shares of British Land in a research note on Friday, November 17th. Deutsche Bank lifted their price target on shares of British Land from GBX 650 ($8.81) to GBX 700 ($9.49) and gave the company a “buy” rating in a research note on Friday, December 1st. Numis Securities reissued a “hold” rating and issued a GBX 679 ($9.21) price target on shares of British Land in a research note on Thursday, October 19th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 675 ($9.15) price target on shares of British Land in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 673.38 ($9.13).
Shares of British Land (BLND) opened at GBX 668 ($9.06) on Monday. The company has a market cap of $6,720.00 and a P/E ratio of 1,171.93. British Land has a one year low of GBX 574.60 ($7.79) and a one year high of GBX 695 ($9.43).
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British Land 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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