British Land (OTCMKTS:BTLCY) Cut to Strong Sell at Kepler Capital Markets

British Land (OTCMKTS:BTLCY) was downgraded by stock analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other equities research analysts have also weighed in on BTLCY. Morgan Stanley reissued an “overweight” rating on shares of British Land in a report on Tuesday, September 1st. Barclays reaffirmed an “overweight” rating on shares of British Land in a report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

British Land Stock Down 0.2%

OTCMKTS:BTLCY opened at $5.46 on Tuesday. The business has a fifty day simple moving average of $5.70 and a two-hundred day simple moving average of $5.37. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.32 and a quick ratio of 0.32. British Land has a 1 year low of $4.50 and a 1 year high of $6.00.

British Land Company Profile

British Land Company plc is a United Kingdom-based real estate investment and development company. It owns, manages and develops commercial property, with activities spanning offices, retail destinations, logistics facilities and mixed-use developments.

The company’s portfolio is primarily focused on London, including major office and mixed-use locations such as Broadgate and Paddington Central, as well as retail parks, shopping centres and urban logistics properties in London and across regional UK markets.