Liberum Capital reaffirmed their hold rating on shares of British Land (LON:BLND) in a research report sent to investors on Tuesday. Liberum Capital currently has a GBX 725 ($10.02) price target on the stock.
Other equities research analysts have also recently issued research reports about the stock. Peel Hunt raised their target price on shares of British Land from GBX 675 ($9.33) to GBX 700 ($9.67) and gave the stock an add rating in a report on Wednesday, January 17th. JPMorgan Chase & Co. raised their target price on shares of British Land from GBX 710 ($9.81) to GBX 740 ($10.22) and gave the stock a neutral rating in a report on Monday, January 15th. Deutsche Bank raised their target price on shares of British Land from GBX 700 ($9.67) to GBX 720 ($9.95) and gave the stock a buy rating in a report on Monday, January 22nd. Jefferies Group restated an underperform rating and issued a GBX 500 ($6.91) target price on shares of British Land in a report on Friday, November 17th. Finally, Numis Securities restated a hold rating and issued a GBX 679 ($9.38) target price on shares of British Land in a report on Thursday, October 19th. One equities research 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’s stock. The stock has an average rating of Hold and a consensus target price of GBX 674.92 ($9.32).
Shares of British Land (LON:BLND) opened at GBX 645.60 ($8.92) on Tuesday. British Land has a fifty-two week low of GBX 587 ($8.11) and a fifty-two week high of GBX 695 ($9.60). The stock has a market cap of $6,370.00 and a P/E ratio of 1,132.63.
The firm also recently declared a dividend, which will be paid on Friday, May 4th. Shareholders of record on Thursday, March 29th will be given a GBX 7.52 ($0.10) dividend. The ex-dividend date is Thursday, March 29th. This represents a yield of 1.14%.
In other British Land news, insider Tim Score purchased 2,654 shares of the firm’s stock in a transaction on Thursday, January 11th. The shares were acquired at an average cost of GBX 683 ($9.44) per share, for a total transaction of £18,126.82 ($25,043.96). Also, insider Lucinda Bell sold 60,000 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of GBX 622 ($8.59), for a total transaction of £373,200 ($515,612.05). Insiders acquired 2,698 shares of company stock worth $1,842,228 over the last quarter.
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About British Land
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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