British Land Company PLC (OTCMKTS:BTLCY) Receives Average Rating of "Moderate Buy" from Analysts

British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have assigned a strong buy recommendation to the company.

BTLCY has been the subject of a number of recent analyst reports. Kepler Capital Markets downgraded British Land from a "strong-buy" rating to a "hold" rating in a report on Friday. Hsbc Global Res upgraded British Land from a "hold" rating to a "strong-buy" rating in a report on Monday, February 3rd.

British Land Price Performance

Shares of British Land stock traded up $0.03 during midday trading on Friday, reaching $5.27. 8,649 shares of the company's stock traded hands, compared to its average volume of 32,949. The stock has a 50 day moving average of $5.02 and a 200-day moving average of $4.73. British Land has a 12 month low of $4.13 and a 12 month high of $6.31.

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.