British Land (OTCMKTS:BTLCY) Rating Lowered to Hold at Kepler Capital Markets

British Land (OTCMKTS:BTLCYGet Free Report) was downgraded by Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued on Friday,Zacks.com reports.

Separately, Hsbc Global Res upgraded British Land from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on BTLCY

British Land Trading Down 0.9%

BTLCY opened at $5.27 on Friday. The business’s 50-day simple moving average is $5.02 and its 200-day simple moving average is $4.74. British Land has a one year low of $4.13 and a one year high of $6.31.

About British Land

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Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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