Peel Hunt Reiterates Add Rating for British Land (BLND)
British Land (LON:BLND)‘s stock had its “add” rating reissued by investment analysts at Peel Hunt in a report issued on Friday. They presently have a GBX 700 ($9.81) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 10.51% from the company’s current price.
Other equities analysts have also issued reports about the stock. Liberum Capital reissued a “hold” rating and set a GBX 725 ($10.17) price objective on shares of British Land in a report on Friday, January 19th. JPMorgan Chase & Co. lifted their price objective on shares of British Land from GBX 710 ($9.96) to GBX 740 ($10.38) and gave the company a “neutral” rating in a report on Monday, January 15th. Deutsche Bank lifted their price objective on shares of British Land from GBX 700 ($9.81) to GBX 720 ($10.10) and gave the company a “buy” rating in a report on Monday, January 22nd. Jefferies Group reissued an “underperform” rating and set a GBX 500 ($7.01) price objective on shares of British Land in a report on Friday, November 17th. Finally, Numis Securities reissued a “hold” rating and set a GBX 679 ($9.52) price objective on shares of British Land in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 674.92 ($9.46).
British Land (LON BLND) opened at GBX 633.40 ($8.88) on Friday. The stock has a market cap of $6,280.00 and a P/E ratio of 1,111.23. British Land has a 1-year low of GBX 587 ($8.23) and a 1-year high of GBX 695 ($9.74).
ILLEGAL ACTIVITY NOTICE: “Peel Hunt Reiterates Add Rating for British Land (BLND)” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://theolympiareport.com/2018/02/11/peel-hunt-reiterates-add-rating-for-british-land-blnd.html.
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.
Receive News & Ratings for British Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land and related companies with MarketBeat.com's FREE daily email newsletter.