Today Peel Hunt Reaffirms a Add Rating on British Land Co PLC (LON:BLND) and a GBX 730.00 Target Price

May 17, 2018 - By Robert Crowder

British Land Company Plc (LON:BLND) Logo

British Land Co PLC (LON:BLND) Rating Reaffirmed

In an analyst note shared with investors and clients on Thursday morning, The Add rating of British Land Co PLC (LON:BLND) shares was restate by Peel Hunt, who now has a GBX 730.00 target price per share on the stock. Peel Hunt’s target price per share would suggest a possible upside of 4.89 % from the last price of the company.

British Land Company Plc (LON:BLND) Ratings Coverage

Among 11 analysts covering British Land Co PLC (LON:BLND), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. British Land Co PLC has GBX 759 highest and GBX 475 lowest target. GBX 692.40’s average target is -0.66% below currents GBX 697 stock price. British Land Co PLC had 21 analyst reports since December 1, 2017 according to SRatingsIntel. The rating was maintained by Liberum Capital with “Hold” on Tuesday, February 13. The stock has “Neutral” rating by Citigroup on Tuesday, May 15. JP Morgan maintained British Land Company Plc (LON:BLND) on Monday, January 15 with “Neutral” rating. The stock of British Land Company Plc (LON:BLND) earned “Overweight” rating by Barclays Capital on Thursday, February 22. As per Friday, February 9, the company rating was maintained by Peel Hunt. Numis Securities upgraded the stock to “Add” rating in Thursday, May 17 report. The firm has “Neutral” rating by Credit Suisse given on Wednesday, December 6. The company was maintained on Thursday, May 17 by Peel Hunt. The firm has “Hold” rating given on Monday, January 8 by Liberum Capital. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, March 14.

The stock increased 2.26% or GBX 15.4 during the last trading session, reaching GBX 697. About 3.98 million shares traded or 12.35% up from the average. British Land Company Plc (LON:BLND) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

The British Land Company PLC engages in managing, financing, and developing commercial property in the United Kingdom. The company has market cap of 6.85 billion GBP. The Company’s property portfolio comprises retail warehouses, super stores, town shopping centers, department stores, high street shops, retail parks, and supermarkets. It has a 11.91 P/E ratio. The firm qualifies as a real estate investment trust for federal income tax purposes.

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