British Land (BLND) Given New GBX 720 Price Target at Deutsche Bank
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.
TRADEMARK VIOLATION WARNING: This news story was originally posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/british-land-blnd-given-new-gbx-720-price-target-at-deutsche-bank/1820948.html.
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.
Receive News & Ratings for British Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land and related companies with MarketBeat.com's FREE daily email newsletter.