Stifel Nicolaus Upgrades British Land (BTLCY) to Buy

British Land (OTCMKTS:BTLCY) was upgraded by research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Marketbeat.com reports.

Separately, Zacks Investment Research upgraded British Land from a “hold” rating to a “buy” rating and set a $8.75 price objective for the company in a research report on Tuesday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $10.00.

Shares of British Land (OTCMKTS BTLCY) traded up $0.04 during mid-day trading on Wednesday, reaching $9.56. The company’s stock had a trading volume of 21,737 shares, compared to its average volume of 10,207. British Land has a 12-month low of $7.24 and a 12-month high of $9.68.

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About British Land

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.

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