British Land Company PLC (BLND.L) – What Are Brokerages Saying About This Stock?

British Land Company PLC (LON:BLND) has been assigned a consensus recommendation of “Hold” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 443.62.

Separately, Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 331 target price on shares of British Land in a research note on Thursday, October 15th.

British Land Price Performance

Shares of British Land stock opened at GBX 419.20 on Thursday. The company has a current ratio of 0.15, a quick ratio of 0.25 and a debt-to-equity ratio of 52.34. The firm has a fifty day simple moving average of GBX 409.69 and a 200-day simple moving average of GBX 408.05. The stock has a market capitalization of £4.30 billion, a price-to-earnings ratio of 9.25, a PEG ratio of 6.76 and a beta of 1.18. British Land has a 1-year low of GBX 335.40 and a 1-year high of GBX 451.60.

About British Land

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.