British Land (LON:BLND) Given Underperform Rating at Jefferies Financial Group

Jefferies Financial Group reaffirmed their underperform rating on shares of British Land (LON:BLND) in a research report sent to investors on Tuesday, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 310 target price on the stock.

BLND has been the topic of a number of other research reports. Shore Capital Group restated a “hold” rating on shares of British Land in a research report on Thursday, January 29th. Berenberg Bank increased their price target on shares of British Land from GBX 506 to GBX 539 and gave the stock a “buy” rating in a research note on Monday, January 26th. Finally, The Goldman Sachs Group cut their price target on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating on the stock in a research note on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 440.

British Land Stock Up 0.7%

Shares of LON BLND opened at GBX 398.70 on Tuesday. British Land has a 1 year low of GBX 318.60 and a 1 year high of GBX 432. The firm’s 50 day moving average price is GBX 382.89 and its 200 day moving average price is GBX 389.67. The firm has a market cap of £3.99 billion, a P/E ratio of 8.84, a price-to-earnings-growth ratio of 6.76 and a beta of 1.16. The company has a debt-to-equity ratio of 47.52, a quick ratio of 0.25 and a current ratio of 0.28.

Key Headlines Impacting British Land

Here are the key news stories impacting British Land this week:

• Positive Sentiment: Management raised FY27 earnings guidance after AI firms increased demand for London campus space and leasing helped drive roughly 6% rental growth, supporting higher cash flows and occupancy expectations. British Land raises FY27 earnings guidance as AI leasing drives 6% rental growth UK’s British Land lifts earnings forecast as AI firms flock to London campuses
• Positive Sentiment: Company posted a strong year to 31 March 2026 with campus and retail-park strength prompting upgrades to the earnings outlook — a confirmation of improving operational momentum. British Land posts strong rental growth and upgrades earnings outlook
• Positive Sentiment: Berenberg reaffirmed a “buy” rating and set a GBX 531 price target, which may lend momentum to the share price by signalling upside potential from current levels. Digital Look – Broker views
• Neutral Sentiment: Shore Capital and Stifel Nicolaus both reaffirmed “hold” ratings (Stifel’s PT GBX 410), indicating mixed conviction among brokers despite the operational upgrade. Digital Look – Broker views
• Negative Sentiment: Jefferies kept an “underperform” call with a GBX 310 target, highlighting downside risk from valuation, balance-sheet/leverage concerns or slower-than-expected recovery in parts of the portfolio. London Stock Exchange – Broker ratings

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. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.