British Land (OTCMKTS:BTLCY) Cut to “Strong Sell” at Kepler Capital Markets

British Land (OTCMKTS:BTLCY) was downgraded by equities research analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks reports.

A number of other equities research analysts also recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of British Land in a research report on Tuesday, September 1st. Barclays reiterated an “overweight” rating on shares of British Land in a research report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

British Land Stock Performance

British Land stock opened at $5.46 on Tuesday. British Land has a 1-year low of $4.50 and a 1-year 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 firm’s 50 day simple moving average is $5.70 and its 200 day simple moving average is $5.37.

About British Land

British Land Company plc is a United Kingdom-based real estate investment and development company. It owns, manages and develops commercial property, with activities spanning offices, retail destinations, logistics facilities and mixed-use developments.

The company’s portfolio is primarily focused on London, including major office and mixed-use locations such as Broadgate and Paddington Central, as well as retail parks, shopping centres and urban logistics properties in London and across regional UK markets.