British Land Company PLC (LON:BLND) had its target price increased by Goldman Sachs Group, Inc. (The) from GBX 707 ($8.94) to GBX 725 ($9.17) in a research note issued on Friday, May 12th. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group, Inc. (The)’s price target indicates a potential upside of 14.72% from the company’s current price.
BLND has been the subject of several other reports. BNP Paribas restated a “neutral” rating and issued a GBX 700 ($8.86) target price on shares of British Land Company PLC in a research note on Tuesday, January 31st. Liberum Capital restated a “hold” rating and issued a GBX 530 ($6.70) target price on shares of British Land Company PLC in a research note on Monday, March 13th. Numis Securities Ltd restated a “reduce” rating on shares of British Land Company PLC in a research note on Thursday, January 19th. Barclays PLC restated an “overweight” rating and issued a GBX 740 ($9.36) target price on shares of British Land Company PLC in a research note on Friday, January 13th. Finally, Jefferies Group LLC reaffirmed an “underperform” rating and issued a GBX 500 ($6.33) price target on shares of British Land Company PLC in a report on Thursday, January 19th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 662.20 ($8.38).
Shares of British Land Company PLC (LON BLND) traded up 0.24% during trading on Friday, hitting GBX 632.00. The stock had a trading volume of 9,070,416 shares. The stock’s market cap is GBX 6.51 billion. The stock’s 50 day moving average price is GBX 646.46 and its 200-day moving average price is GBX 623.87. British Land Company PLC has a one year low of GBX 499.96 and a one year high of GBX 773.35.
The firm also recently disclosed a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, June 29th will be given a dividend of GBX 7.30 ($0.09) per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a dividend yield of 1.08%.
In other news, insider Nick Macpherson bought 2,300 shares of the firm’s stock in a transaction on Friday, May 19th. The stock was bought at an average cost of GBX 638 ($8.07) per share, for a total transaction of £14,674 ($18,562.93). Also, insider Tim Score bought 2,999 shares of the firm’s stock in a transaction on Tuesday, April 4th. The stock was purchased at an average price of GBX 601 ($7.60) per share, with a total value of £18,023.99 ($22,800.75). In the last 90 days, insiders have bought 12,212 shares of company stock valued at $7,647,160.
About British Land Company PLC
The British Land Company PLC is a real estate company. The Company owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It creates and operates places for people to work, shop and live in. Its segments are Offices and residential, Retail and leisure, Canada Water and Other/unallocated.
What are top analysts saying about British Land Company PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for British Land Company PLC and related companies.