Today Canaccord Genuity Maintains a Buy Rating on British Land Co PLC (LON:BLND) and a GBX 1007.00 Target Price

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British Land Co PLC (LON:BLND) Rating Reaffirmed

Canaccord Genuity now has a GBX 1007.00 target price per share on shares of British Land Co PLC (LON:BLND). The target price per share may suggest a potential upside of 24.90% from the close price of British Land Co PLC (LON:BLND). This rating was announced to investors in an analyst note on Thursday morning.

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 18.23% above today’s (GBX 804) stock price. British Land Co PLC was the topic of 55 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 14 with “Underperform” rating. BNP Paribas maintained shares with “Outperform” rating and GBX 990 target share price in a report from a November 18. Liberum Capital maintained BLND stock in a recent report from December 1 with “Hold” rating. JP Morgan maintained the rating on November 18. JP Morgan has a “Overweight” rating and a GBX 1000 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 25.

Approximately 298,772 shares of stock traded hands. British Land Company PLC (LON:BLND) has declined 9.42% since May 20, 2015 and is downtrending. It has underperformed by 7.15% the S&P500.

Today Canaccord Genuity Maintains a Buy Rating on British Land Co PLC (LON:BLND) and a GBX 1007.00 Target Price

British Land Company PLC is a real estate company. The company has a market cap of 8.18 billion GBP. The Firm manages, develops and finances portfolio of properties. It has 5.71 P/E ratio. The Firm focuses on retail locations around the United Kingdom and London offices.

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