British Land (LON:BLND)‘s stock had its “reduce” rating reaffirmed by research analysts at AlphaValue in a report released on Thursday, Stock Ratings Network.com reports. They currently have a GBX 565 ($9.05) price target on the stock. AlphaValue’s target price suggests a potential downside of 3.34% from the company’s current price.
Shares of British Land (LON:BLND) opened at 586.00 on Thursday. British Land has a 52 week low of GBX 498.299 and a 52 week high of GBX 659.50. The stock’s 50-day moving average is GBX 574.6 and its 200-day moving average is GBX 585.. The company’s market cap is £5.779 billion.
BLND has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of British Land (LON:BLND) in a research note to investors on Tuesday. They now have a GBX 520 ($8.33) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of British Land (LON:BLND) in a research note to investors on Monday. Finally, analysts at UBS AG reiterated a “neutral” rating on shares of British Land (LON:BLND) in a research note to investors on Friday, September 20th. They now have a GBX 630 ($10.09) price target on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 606.14 ($9.71).
The British Land Company PLC is a real estate investment trust. It provides investors with access to a diverse range of property assets, which it manages, finances and develops.
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