British Land Company PLC (BLND) Given Average Recommendation of “Hold” by Analysts

British Land Company PLC (LON:BLND) has earned an average recommendation of “Hold” from the fourteen brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 679.50 ($9.39).

A number of equities research analysts have weighed in on the stock. Liberum Capital reiterated a “hold” rating and set a GBX 725 ($10.02) target price on shares of British Land in a research note on Friday, January 19th. JPMorgan Chase & Co. boosted their target price on shares of British Land from GBX 710 ($9.81) to GBX 740 ($10.22) and gave the company a “neutral” rating in a research note on Monday, January 15th. Peel Hunt boosted their target price on shares of British Land from GBX 675 ($9.33) to GBX 700 ($9.67) and gave the company an “add” rating in a research note on Wednesday, January 17th. Jefferies Group restated an “underperform” rating and issued a GBX 500 ($6.91) price objective on shares of British Land in a research note on Friday, November 17th. Finally, Deutsche Bank upped their price objective on British Land from GBX 700 ($9.67) to GBX 720 ($9.95) and gave the stock a “buy” rating in a research note on Monday, January 22nd.

How to Become a New Pot Stock Millionaire

In related news, insider Tim Score acquired 2,654 shares of British Land stock in a transaction dated Thursday, January 11th. The stock was purchased at an average cost of GBX 683 ($9.44) per share, for a total transaction of £18,126.82 ($25,043.96). Insiders bought a total of 2,699 shares of company stock valued at $1,842,346 over the last 90 days.

Shares of British Land (LON:BLND) opened at GBX 632 ($8.73) on Friday. The firm has a market cap of $6,230.00 and a price-to-earnings ratio of 1,108.77. British Land has a 12 month low of GBX 587 ($8.11) and a 12 month high of GBX 695 ($9.60).

The business also recently disclosed a dividend, which will be paid on Friday, May 4th. Stockholders of record on Thursday, March 29th will be paid a GBX 7.52 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, March 29th. This represents a dividend yield of 1.14%.

COPYRIGHT VIOLATION NOTICE: “British Land Company PLC (BLND) Given Average Recommendation of “Hold” by Analysts” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright laws. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/04/08/british-land-company-plc-blnd-given-average-recommendation-of-hold-by-analysts.html.

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)

Receive News & Ratings for British Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply