Zacks Investment Research downgraded shares of British Land (OTCMKTS:BTLCY) from a buy rating to a hold rating in a report issued on Friday 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 (OTCMKTS BTLCY) opened at $9.42 on Friday. British Land has a 52-week low of $7.24 and a 52-week high of $9.57.

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About British Land

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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