British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) have earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

BTLCY has been the topic of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of British Land in a report on Tuesday, September 1st. Kepler Capital Markets cut shares of British Land from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Finally, Barclays reissued an “overweight” rating on shares of British Land in a report on Monday, August 24th.

British Land Stock Performance

OTCMKTS BTLCY opened at $5.46 on Wednesday. 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 business has a 50-day moving average price of $5.70 and a 200-day moving average price of $5.37. British Land has a twelve month low of $4.50 and a twelve month high of $6.00.

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.