British Land (BTLCY) Expected to Post Earnings on Wednesday

British Land (OTCMKTS:BTLCY) is expected to be issuing its results on Wednesday, November 18th. Analysts expect the company to announce earnings of $0.2108 per share and revenue of $357.46 million for the quarter.

British Land Trading Down 0.9%

OTCMKTS:BTLCY opened at $5.81 on Wednesday. The business has a 50 day moving average of $5.51 and a 200 day moving average of $5.42. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32. British Land has a 1-year low of $4.50 and a 1-year high of $6.08.

Wall Street Analysts Forecast Growth

BTLCY has been the topic of several research reports. Morgan Stanley reissued an “overweight” rating on shares of British Land in a research note on Tuesday, September 1st. Barclays reaffirmed an “overweight” rating on shares of British Land in a research note on Monday, August 24th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of British Land in a research note on Wednesday, October 14th. Finally, Kepler Capital Markets cut British Land from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 22nd. Three analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

About British Land

British Land is a UK-based property company that owns, develops and manages commercial real estate. Founded in 1856, it has built a portfolio focused primarily on offices and retail parks, alongside mixed-use properties. The company’s holdings include office campuses and retail destinations in London and other parts of the UK. British Land also undertakes development and asset-management work, aiming to create and improve places for businesses, shoppers and local communities. British Land is led by Chief Executive Officer Simon Carter and chaired by William Rucker.