British Land (OTCMKTS:BTLCY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of British Land (OTCMKTS:BTLCY) from a hold rating to a buy rating in a research report report published on Monday morning, Zacks.com reports. They currently have $8.25 price target on the financial services provider’s stock.

According to Zacks, “The British Land Co. Plc is a real estate investment trust which owns, manages, finances and develops commercial properties. Its property portfolio comprises retail parks, super stores, shopping centers, department stores, residential and offices. The British Land Co. Plc is headquartered in London, the United Kingdom. “

Separately, Goldman Sachs Group upgraded shares of British Land from a neutral rating to a buy rating in a research report on Thursday, January 16th.

Shares of OTCMKTS BTLCY opened at $7.58 on Monday. The firm has a 50 day moving average price of $7.87 and a 200 day moving average price of $7.34. British Land has a 52-week low of $5.68 and a 52-week high of $8.72.

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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