Zacks Investment Research downgraded shares of British Land (OTCMKTS:BTLCY) from a buy rating to a hold rating in a research note issued to investors on Thursday morning.

According to Zacks, “The British Land Co. Plc is a real estate investment trust which owns, manages, finances and develops commercial properties. Its property portfolio comprises retail parks, super stores, shopping centers, department stores, residential and offices. The British Land Co. Plc is headquartered in London, the United Kingdom. “

Shares of British Land (BTLCY) traded up $0.09 during trading hours on Thursday, hitting $9.26. 7,496 shares of the stock were exchanged, compared to its average volume of 15,212. British Land has a 1-year low of $7.24 and a 1-year high of $9.57.

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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.

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