British Land Company (LON:BLND) Rating Reaffirmed
British Land Company (LON:BLND) just had their share rating of a ‘Hold’ issued by research analysts at Liberum Capital, who now has a GBX 893.00 target on the 8.66B GBP market cap company or a 5.56% upside potential. This key information was released in analysts report on 1 December.
From a total of 20 analysts covering British Land Co PLC (LON:BLND) stock, 15 rate it a ”Buy”, 2 a “Sell”, and 5 a ”Hold”. This means that 68% of the ratings are positive. The highest target price is GBX 1096 while the lowest target price is GBX 741. The mean of all analyst targets is GBX 956.05 with a 14.16% above today’s (GBX 841.57) stock price. British Land Co PLC was the topic of 52 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on December 1 with “Add” rating. JP Morgan maintained shares with “Overweight” rating and GBX 1000 target share price in a report from a November 18. Jefferies maintained BLND stock in a recent report from November 23 with “Underperform” rating. Peel Hunt maintained the rating on November 17. Peel Hunt has a “Hold” rating and a GBX 892 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a November 18.
The stock increased 0.91% or GBX 7.57 on December 1, striking GBX 841.57. Approximately 2.49M shares of stock traded hands. British Land Company PLC (LON:BLND) has risen 1.52% since May 4, 2015 and is uptrending. It has outperformed by 3.15% the S&P500.
British Land Company PLC is a real estate company. The company has a market cap of 8.66 billion GBP. The Firm manages, develops and finances portfolio of properties. It has 5.97 P/E ratio. The Firm focuses on retail locations around the United Kingdom and London offices.