British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Given Average Rating of “Buy” by Analysts

Shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) have earned an average recommendation of “Buy” from the five research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company.

Several research analysts have commented on the stock. UBS Group upgraded shares of British Land from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Morgan Stanley reiterated an “overweight” rating on shares of British Land in a research report on Friday. Finally, Panmure Gordon upgraded shares of British Land to a “buy” rating in a report on Tuesday, December 2nd.

British Land Stock Performance

Shares of BTLCY stock opened at $5.24 on Friday. The stock has a fifty day moving average of $5.02 and a 200 day moving average of $4.91. British Land has a 52 week low of $4.13 and a 52 week high of $5.62. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.42.

About British Land

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.