British Land (BLND) Stock Rating Reaffirmed by Liberum Capital

British Land (LON:BLND)‘s stock had its “hold” rating restated by equities researchers at Liberum Capital in a research report issued to clients and investors on Friday. They currently have a GBX 725 ($9.83) target price on the stock. Liberum Capital’s price target suggests a potential upside of 6.59% from the company’s previous close.

Several other analysts also recently commented on BLND. Peel Hunt raised their target price on shares of British Land from GBX 675 ($9.15) to GBX 700 ($9.49) and gave the stock an “add” rating in a report on Wednesday. Jefferies Group restated an “underperform” rating and set a GBX 475 ($6.44) target price on shares of British Land in a report on Thursday. JPMorgan Chase & Co. raised their target price on shares of British Land from GBX 710 ($9.63) to GBX 740 ($10.04) and gave the stock a “neutral” rating in a report on Monday, January 15th. HSBC restated a “hold” rating and set a GBX 678 ($9.19) target price on shares of British Land in a report on Friday, November 17th. Finally, Societe Generale restated a “hold” rating and set a GBX 610 ($8.27) target price on shares of British Land in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 673.38 ($9.13).

Shares of British Land (LON BLND) traded up GBX 1 ($0.01) during mid-day trading on Friday, reaching GBX 680.20 ($9.22). The firm has a market cap of $6,780.00 and a P/E ratio of 1,193.33. British Land has a 52 week low of GBX 574.60 ($7.79) and a 52 week high of GBX 695 ($9.43).

In other news, insider Tim Score bought 2,654 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were acquired at an average cost of GBX 683 ($9.26) per share, for a total transaction of £18,126.82 ($24,582.07). Also, insider Lucinda Bell sold 60,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of GBX 622 ($8.44), for a total transaction of £373,200 ($506,102.52). Over the last 90 days, insiders have purchased 2,723 shares of company stock worth $1,857,078.

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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.

Analyst Recommendations for British Land (LON:BLND)

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