British Land (LON:BLND) Receives “Hold” Rating from Shore Capital Group

Shore Capital Group reiterated their hold rating on shares of British Land (LON:BLNDFree Report) in a research note released on Tuesday morning,Digital Look reports.

Several other equities research analysts also recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 531 price objective on shares of British Land in a report on Tuesday. The Goldman Sachs Group reduced their price objective on shares of British Land from GBX 510 to GBX 470 and set a “buy” rating for the company in a report on Monday, March 30th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 310 price objective on shares of British Land in a report on Tuesday. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 410 price objective on shares of British Land in a report on Tuesday. 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 440.

View Our Latest Stock Report on British Land

British Land Stock Performance

Shares of 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 company has a market cap of £3.99 billion, a price-to-earnings 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. The firm has a fifty day moving average of GBX 382.89 and a 200-day moving average of GBX 389.67.

More British Land News

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

British Land Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for British Land (LON:BLND)

Receive News & Ratings for British Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land and related companies with MarketBeat.com's FREE daily email newsletter.