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British Land (OTCMKTS:BTLCY) Downgraded by Kepler Capital Markets to Hold

British Land logo with Finance background

Kepler Capital Markets cut shares of British Land (OTCMKTS:BTLCY - Free Report) from a strong-buy rating to a hold rating in a report released on Friday,Zacks.com reports.

Separately, Hsbc Global Res raised shares of British Land from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 3rd. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Check Out Our Latest Stock Analysis on BTLCY

British Land Stock Up 0.6%

BTLCY stock traded up $0.03 during mid-day trading on Friday, reaching $5.27. The company's stock had a trading volume of 8,649 shares, compared to its average volume of 32,949. British Land has a fifty-two week low of $4.13 and a fifty-two week high of $6.31. The company's 50 day moving average is $5.02 and its two-hundred day moving average is $4.73.

British Land Company Profile

(Get Free Report)

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.

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