British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.

Several equities analysts have recently commented on the stock. Kepler Capital Markets lowered shares of British Land from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 30th. UBS Group lowered shares of British Land from a “strong-buy” rating to a “hold” rating in a research report on Thursday.

British Land Stock Performance

British Land stock opened at $5.22 on Thursday. The company has a 50-day simple moving average of $5.25 and a 200-day simple moving average of $4.79. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.25 and a current ratio of 0.25. British Land has a one year low of $4.13 and a one year high of $6.31.

British Land Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, August 4th. Investors of record on Monday, June 23rd will be issued a $0.0946 dividend. This represents a yield of 3.81%. The ex-dividend date of this dividend is Friday, June 20th.

British Land Company Profile

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.