British Land (BLND) Stock Price Up 0%
British Land Company Plc (LON:BLND)’s share price rose 0% during mid-day trading on Thursday . The stock traded as high as GBX 629.50 ($8.43) and last traded at GBX 629 ($8.42). Approximately 7,800,327 shares were traded during trading, an increase of 67% from the average daily volume of 4,660,000 shares. The stock had previously closed at GBX 629 ($8.42).
BLND has been the topic of several research analyst reports. Numis Securities restated a “hold” rating and set a GBX 679 ($9.09) price objective on shares of British Land in a research note on Thursday, October 19th. Deutsche Bank upgraded British Land to a “buy” rating and raised their price objective for the stock from GBX 590 ($7.90) to GBX 660 ($8.84) in a research note on Monday, September 11th. Goldman Sachs Group restated a “neutral” rating and set a GBX 611 ($8.18) price objective on shares of British Land in a research note on Wednesday, September 27th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 710 ($9.51) price objective on shares of British Land in a research note on Friday, November 17th. Finally, cut British Land to a “hold” rating and reduced their price objective for the stock from GBX 738 ($9.88) to GBX 678 ($9.08) in a research note on Monday, August 21st. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 662.38 ($8.87).
The business also recently announced a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, January 4th will be given a GBX 7.52 ($0.10) dividend. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, January 4th.
In other news, insider Lucinda Bell sold 60,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of GBX 622 ($8.33), for a total transaction of £373,200 ($499,799.12). Also, insider William Jackson purchased 1,098 shares of the stock in a transaction dated Friday, October 6th. The shares were acquired at an average cost of GBX 598 ($8.01) per share, for a total transaction of £6,566.04 ($8,793.41). Insiders have bought 1,172 shares of company stock worth $701,246 over the last three months.
COPYRIGHT VIOLATION WARNING: “British Land (BLND) Stock Price Up 0%” was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be read at https://www.dailypolitical.com/2017/11/30/british-land-blnd-stock-price-up-0.html.
British Land Company Profile
The British Land Company PLC is a real estate company. The Company owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It creates and operates places for people to work, shop and live in. Its segments are Offices and residential, Retail and leisure, Canada Water and Other/unallocated.
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.