British Land Company PLC’s (BLND) Overweight Rating Reaffirmed at JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their overweight rating on shares of British Land Company PLC (LON:BLND) in a research note published on Thursday. They currently have a GBX 750 ($9.68) target price on the stock.
Other equities research analysts also recently issued research reports about the stock. Liberum Capital reissued a hold rating and issued a GBX 530 ($6.84) target price on shares of British Land Company PLC in a research note on Wednesday. BNP Paribas reissued a neutral rating and issued a GBX 700 ($9.04) target price on shares of British Land Company PLC in a research note on Monday, April 3rd. Peel Hunt reissued a hold rating and issued a GBX 675 ($8.71) target price on shares of British Land Company PLC in a research note on Wednesday. Jefferies Group LLC reissued an underperform rating and issued a GBX 500 ($6.45) target price on shares of British Land Company PLC in a research note on Thursday, January 19th. Finally, Goldman Sachs Group Inc reissued a neutral rating and issued a GBX 707 ($9.13) target price on shares of British Land Company PLC in a research note on Wednesday, January 25th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of GBX 661.47 ($8.54).
British Land Company PLC (LON:BLND) traded down 1.49% on Thursday, hitting GBX 629.00. 7,524,149 shares of the stock traded hands. The company’s market capitalization is GBX 6.44 billion. The firm has a 50-day moving average price of GBX 649.57 and a 200-day moving average price of GBX 618.25. British Land Company PLC has a 12 month low of GBX 499.96 and a 12 month high of GBX 773.35.
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The firm also recently announced a dividend, which will be paid on Friday, August 4th. Shareholders of record on Thursday, June 29th will be issued a dividend of GBX 7.30 ($0.09) per share. This represents a yield of 1.08%. The ex-dividend date is Thursday, June 29th.
In other British Land Company PLC news, insider Tim Score bought 2,999 shares of the company’s stock in a transaction on Tuesday, April 4th. The shares were bought at an average cost of GBX 601 ($7.76) per share, for a total transaction of £18,023.99 ($23,265.77). Also, insider Nick Macpherson bought 2,300 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were acquired at an average price of GBX 608 ($7.85) per share, for a total transaction of £13,984 ($18,050.86). Over the last quarter, insiders have acquired 5,369 shares of company stock worth $3,245,688.
About British Land Company PLC
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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