British Land (LON:BLND) had its target price hoisted by investment analysts at Deutsche Bank from GBX 700 ($9.49) to GBX 720 ($9.76) in a research note issued on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 6.31% from the company’s current price.

A number of other analysts have also issued reports on the company. Liberum Capital reiterated a “hold” rating and set a GBX 725 ($9.83) price objective on shares of British Land in a research note on Friday, January 19th. Jefferies Group reiterated an “underperform” rating and set a GBX 475 ($6.44) price objective on shares of British Land in a research note on Thursday, January 18th. Peel Hunt boosted their price objective on British Land from GBX 675 ($9.15) to GBX 700 ($9.49) and gave the company an “add” rating in a research note on Wednesday, January 17th. JPMorgan Chase & Co. boosted their price objective on British Land from GBX 710 ($9.63) to GBX 740 ($10.04) and gave the company a “neutral” rating in a research note on Monday, January 15th. Finally, Canaccord Genuity boosted their price objective on British Land from GBX 705 ($9.56) to GBX 745 ($10.10) and gave the company a “buy” rating in a research note on Friday, December 22nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 674.92 ($9.15).

Shares of British Land (BLND) opened at GBX 677.30 ($9.18) on Monday. British Land has a one year low of GBX 574.60 ($7.79) and a one year high of GBX 695 ($9.43). The stock has a market capitalization of $6,740.00 and a price-to-earnings ratio of 1,188.24.

In other news, insider Lucinda Bell sold 60,000 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of GBX 622 ($8.44), for a total value of £373,200 ($506,102.52). Also, insider Tim Score acquired 2,654 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was purchased at an average price of GBX 683 ($9.26) per share, with a total value of £18,126.82 ($24,582.07). Over the last 90 days, insiders have purchased 2,723 shares of company stock valued at $1,857,078.

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British Land Company Profile

The British Land Company PLC is a real estate company. The Company owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It creates and operates places for people to work, shop and live in. Its segments are Offices and residential, Retail and leisure, Canada Water and Other/unallocated.

Analyst Recommendations for British Land (LON:BLND)

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