British Land Company PLC (OTCMKTS:BTLCY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.58 and traded as low as $4.15. British Land shares last traded at $4.42, with a volume of 46,958 shares.
Analyst Ratings Changes
Separately, Hsbc Global Res raised shares of British Land from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, British Land currently has an average rating of "Buy".
Read Our Latest Analysis on BTLCY
British Land Price Performance
The stock's fifty day moving average is $4.58 and its two-hundred day moving average is $4.82.
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.
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