Deutsche Bank AG Reiterates Hold Rating for British Land Company PLC (BLND)
British Land Company PLC (LON:BLND)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank AG in a report issued on Monday.
Other equities research analysts also recently issued reports about the stock. BNP Paribas reiterated an “underperform” rating on shares of British Land Company PLC in a research report on Thursday, September 1st. Liberum Capital downgraded shares of British Land Company PLC to a “sell” rating in a research report on Monday, July 4th. Barclays PLC cut their target price on shares of British Land Company PLC from GBX 900 ($11.75) to GBX 720 ($9.40) and set an “overweight” rating on the stock in a research report on Thursday, July 7th. Societe Generale downgraded shares of British Land Company PLC to a “hold” rating and set a GBX 650 ($8.48) price target on the stock. in a research report on Tuesday, July 5th. Finally, Citigroup Inc. restated a “buy” rating on shares of British Land Company PLC in a research report on Friday, June 17th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 793.78 ($10.36).
Shares of British Land Company PLC (LON:BLND) traded down 1.96% on Monday, reaching GBX 625.50. 2,333,692 shares of the company traded hands. The firm has a 50-day moving average price of GBX 650.99 and a 200 day moving average price of GBX 680.77. The company’s market capitalization is GBX 6.44 billion. British Land Company PLC has a one year low of GBX 499.96 and a one year high of GBX 879.00.
The company also recently disclosed a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 6th will be issued a dividend of GBX 7.30 ($0.10) per share. This represents a yield of 1.16%. This is an increase from British Land Company PLC’s previous dividend of $7.09. The ex-dividend date is Thursday, October 6th.
In related news, insider Maudsley,Charles purchased 12,020 shares of the business’s stock in a transaction that occurred on Wednesday, June 29th. The shares were bought at an average cost of GBX 600 ($7.83) per share, with a total value of £72,120 ($94,139.15). Also, insider Roberts,Timothy Andrew sold 13,994 shares of the business’s stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of GBX 661 ($8.63), for a total transaction of £92,500.34 ($120,741.86).
British Land Company PLC Company Profile
British Land Company PLC (British Land) is a real estate company. The Company manages, develops and finances portfolio of properties. The Company focuses on retail locations around the United Kingdom and London offices. The Company allocates resources to investment and asset management according to the sectors it expects to perform over the medium-term.
Receive News & Ratings for British Land Company PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land Company PLC and related companies with MarketBeat.com's FREE daily email newsletter.