British Land Co (LON:BLND) Underperform Rating Reiterated Today By Jefferies; The PT is GBX 741

Share

British Land Co (LON:BLND) Rating Reaffirmed

Jefferies now has a GBX 741 price target on the 8.06B GBP market cap company or -5.42% downside potential. In a very recent research note sent to investors and clients on Monday, 14 December, British Land Co (LON:BLND) shares have had their Underperform Rating reconfirmed by equity research analysts at Jefferies.

From a total of 21 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 945.19 with a 21.32% above today’s (GBX 783.5) stock price. British Land Co PLC was the topic of 54 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank downgraded shares on December 7 to “Hold” rating. BNP Paribas maintained shares with “Outperform” rating and GBX 990 target share price in a report from a November 18. Numis Securities maintained BLND stock in a recent report from December 1 with “Add” rating. JP Morgan maintained the rating on November 18. JP Morgan has a “Overweight” rating and a GBX 1000 price target on shares. Finally, Jefferies maintained the stock with “Underperform” rating in a report issued on a November 23.

Approximately 684,367 shares of stock traded hands. British Land Company PLC (LON:BLND) has declined 11.85% since May 15, 2015 and is downtrending. It has underperformed by 7.43% the S&P500.

British Land Co (LON:BLND) Underperform Rating Reiterated Today By Jefferies; The PT is GBX 741

British Land Company PLC is a real estate company. The company has a market cap of 8.06 billion GBP. The Firm manages, develops and finances portfolio of properties. It has 5.56 P/E ratio. The Firm focuses on retail locations around the United Kingdom and London offices.

COMMENTS: