British Land Company PLC (LON:BLND) Receives Consensus Rating of “Hold” from Analysts

Shares of British Land Company PLC (LON:BLND) have earned an average recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 406.80 ($5.11).

BLND has been the topic of a number of recent research reports. Berenberg Bank began coverage on British Land in a research report on Wednesday, January 10th. They set a “buy” rating and a GBX 469 ($5.89) price objective on the stock. Barclays cut shares of British Land to an “equal weight” rating and lowered their price target for the company from GBX 432 ($5.43) to GBX 405 ($5.09) in a report on Friday, May 3rd.

British Land Stock Up 3.5 %

Shares of LON BLND opened at GBX 417.60 ($5.25) on Friday. The stock has a market capitalization of £3.87 billion, a PE ratio of -366.32, a price-to-earnings-growth ratio of 6.76 and a beta of 1.54. The company has a current ratio of 0.38, a quick ratio of 0.25 and a debt-to-equity ratio of 45.41. British Land has a 12-month low of GBX 287.30 ($3.61) and a 12-month high of GBX 421.90 ($5.30). The stock’s fifty day simple moving average is GBX 380.70 and its two-hundred day simple moving average is GBX 371.52.

British Land Company Profile

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.