Peel Hunt restated their hold rating on shares of British Land (LON:BLND) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.

BLND has been the topic of a number of other reports. Liberum Capital restated a hold rating on shares of British Land in a research note on Monday, January 27th. Goldman Sachs Group upgraded British Land to a buy rating and raised their price target for the stock from GBX 606 ($7.97) to GBX 661 ($8.70) in a research note on Friday, January 17th. Deutsche Bank raised their price target on British Land from GBX 580 ($7.63) to GBX 630 ($8.29) and gave the stock a hold rating in a research note on Wednesday, December 18th. Barclays downgraded British Land to an underweight rating and dropped their price target for the stock from GBX 500 ($6.58) to GBX 490 ($6.45) in a research note on Monday, November 25th. Finally, Jefferies Financial Group raised their price target on British Land from GBX 399 ($5.25) to GBX 450 ($5.92) and gave the stock an underperform rating in a research note on Friday, January 17th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. British Land presently has a consensus rating of Hold and a consensus price target of GBX 584.69 ($7.69).

BLND stock opened at GBX 580 ($7.63) on Tuesday. The company has a market cap of $5.33 billion and a P/E ratio of -8.53. British Land has a 1 year low of GBX 465.30 ($6.12) and a 1 year high of GBX 649.40 ($8.54). The company has a debt-to-equity ratio of 44.86, a current ratio of 0.31 and a quick ratio of 0.26. The stock’s fifty day moving average price is GBX 590.91 and its 200-day moving average price is GBX 568.45.

The business also recently announced a dividend, which will be paid on Friday, May 1st. Investors of record on Thursday, March 26th will be issued a GBX 7.98 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a yield of 1.38%. British Land’s dividend payout ratio is currently -0.47%.

In related news, insider Tim Score bought 4,082 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were bought at an average cost of GBX 612 ($8.05) per share, with a total value of £24,981.84 ($32,862.19).

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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Analyst Recommendations for British Land (LON:BLND)

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