FY2024 EPS Estimates for British Land Company Plc Boosted by Analyst (OTCMKTS:BTLCY)

British Land Company Plc (OTCMKTS:BTLCYGet Rating) – Research analysts at Jefferies Financial Group increased their FY2024 earnings per share (EPS) estimates for British Land in a note issued to investors on Thursday, May 19th. Jefferies Financial Group analyst M. Prew now anticipates that the financial services provider will post earnings of $0.36 per share for the year, up from their previous forecast of $0.34. Jefferies Financial Group currently has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for British Land’s FY2025 earnings at $0.38 EPS.

Several other equities analysts have also weighed in on the stock. Morgan Stanley upgraded shares of British Land from an “equal weight” rating to an “overweight” rating in a report on Monday, March 28th. JPMorgan Chase & Co. lifted their price target on British Land from GBX 650 ($8.01) to GBX 710 ($8.75) in a report on Friday, April 29th. UBS Group upped their target price on British Land from GBX 580 ($7.15) to GBX 640 ($7.89) in a research note on Friday, January 28th. Zacks Investment Research lowered British Land from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. Finally, Peel Hunt upgraded British Land to a “buy” rating in a research report on Thursday, January 20th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $452.58.

BTLCY stock opened at $6.44 on Friday. British Land has a 1 year low of $5.87 and a 1 year high of $7.74. The company has a fifty day simple moving average of $6.60 and a 200 day simple moving average of $6.97.

About British Land (Get Rating)

Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 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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Earnings History and Estimates for British Land (OTCMKTS:BTLCY)

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