British Land (OTCMKTS:BTLCY) Lowered to Strong Sell Rating by Kepler Capital Markets

Kepler Capital Markets cut shares of British Land (OTCMKTS:BTLCY) from a hold rating to a strong sell rating in a research report sent to investors on Tuesday morning,Zacks reports.

Several other brokerages have also recently weighed in on BTLCY. Barclays reissued an “overweight” rating on shares of British Land in a research note on Monday, August 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of British Land in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

British Land Trading Down 0.2%

British Land stock opened at $5.46 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.42. British Land has a 1 year low of $4.50 and a 1 year high of $6.00. The business has a 50 day moving average of $5.70 and a 200-day moving average of $5.37.

British Land Company Profile

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.