British Land Company PLC Sponsored ADR (BTLCY) – What Are Investment Firms Saying About This Stock?

Shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) have earned a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

BTLCY has been the topic of several recent analyst reports. Barclays restated an “overweight” rating on shares of British Land in a research note on Monday, August 24th. Kepler Capital Markets lowered shares of British Land from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 22nd. Morgan Stanley reissued an “overweight” rating on shares of British Land in a research note on Tuesday, September 1st. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of British Land in a report on Wednesday, October 14th.

British Land Stock Up 0.9%

Shares of OTCMKTS:BTLCY opened at $5.69 on Friday. British Land has a twelve month low of $4.50 and a twelve month high of $6.00. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.42. The stock’s 50 day moving average is $5.51 and its 200-day moving average is $5.46.

British Land Company Profile

British Land Company plc is a United Kingdom-based real estate investment and development company. The company owns, develops and manages commercial property, with a portfolio focused primarily on offices, retail parks, shopping centers and logistics-related assets.

Its activities include property development, asset management, leasing and investment management. British Land works with occupiers, retailers and other partners to create and operate mixed-use destinations, workplace campuses and retail-led properties.