Recent Research Analysts’ Ratings Changes for British Land (BLND)

British Land (LON: BLND) recently received a number of ratings updates from brokerages and research firms:

  • 5/17/2019 – British Land had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 660 ($8.62) to GBX 615 ($8.04). They now have a “neutral” rating on the stock.
  • 5/16/2019 – British Land had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 5/15/2019 – British Land had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 615 ($8.04) price target on the stock.
  • 5/15/2019 – British Land had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 585 ($7.64) price target on the stock.
  • 5/14/2019 – British Land had its “hold” rating reaffirmed by analysts at Peel Hunt.
  • 5/10/2019 – British Land was downgraded by analysts at Barclays PLC to an “underweight” rating. They now have a GBX 500 ($6.53) price target on the stock, down previously from GBX 580 ($7.58).
  • 5/10/2019 – British Land had its “buy” rating reaffirmed by analysts at UBS Group AG.
  • 5/6/2019 – British Land had its “hold” rating reaffirmed by analysts at Peel Hunt.
  • 5/1/2019 – British Land had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 4/24/2019 – British Land was downgraded by analysts at Deutsche Bank AG to a “hold” rating. They now have a GBX 620 ($8.10) price target on the stock, down previously from GBX 660 ($8.62).
  • 4/23/2019 – British Land is now covered by analysts at Peel Hunt. They set a “hold” rating and a GBX 630 ($8.23) price target on the stock.
  • 4/23/2019 – British Land had its “hold” rating reaffirmed by analysts at Liberum Capital.

Shares of LON:BLND traded down GBX 11.60 ($0.15) during midday trading on Thursday, reaching GBX 531.60 ($6.95). 4,919,473 shares of the company were exchanged, compared to its average volume of 3,540,000. British Land Company PLC has a one year low of GBX 520 ($6.79) and a one year high of GBX 698 ($9.12). The firm has a market cap of $5.05 billion and a price-to-earnings ratio of -17.72. The company has a debt-to-equity ratio of 37.44, a quick ratio of 0.70 and a current ratio of 0.94.

The business also recently disclosed a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, June 27th will be given a dividend of GBX 7.75 ($0.10) per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a yield of 1.38%. British Land’s dividend payout ratio is currently -1.03%.

In related news, insider Chris Grigg sold 4,978 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of GBX 604 ($7.89), for a total transaction of £30,067.12 ($39,288.02). Also, insider William Jackson acquired 2,310 shares of British Land stock in a transaction that occurred on Friday, April 5th. The shares were bought at an average price of GBX 599 ($7.83) per share, with a total value of £13,836.90 ($18,080.36). Insiders have purchased a total of 2,386 shares of company stock valued at $1,428,485 in the last 90 days.

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

Recommended Story: Outstanding Shares, Buying and Selling Stocks

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.