British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $5.18, but opened at $5.51. British Land shares last traded at $5.33, with a volume of 1,906 shares trading hands.
Analysts Set New Price Targets
Several equities research analysts have recently commented on BTLCY shares. Kepler Capital Markets lowered shares of British Land from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 30th. UBS Group downgraded shares of British Land to a "neutral" rating in a report on Thursday. Three analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, British Land presently has an average rating of "Moderate Buy".
View Our Latest Report on British Land
British Land Price Performance
The business's fifty day moving average is $5.25 and its two-hundred day moving average is $4.79. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.42.
British Land Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, August 4th. Shareholders of record on Monday, June 23rd will be issued a dividend of $0.0946 per share. The ex-dividend date of this dividend is Friday, June 20th. This represents a yield of 3.81%.
British Land Company Profile
(
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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.
Further Reading
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