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Deutsche Bank disclosed British Land Co PLC (LON:BLND), bumping down its stock price target to 590.00GBX earlier today

Boasting a price of 655.50GBX, British Land Co PLC (LON:BLND) traded 0.57% lower on the day. With the last stock price close down 9.92% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. The company has registered a 50-day moving average of 657.07GBX and two hundred day average of 682.69GBX. Trading volume was was up over the average, with 6,997,882 shares of BLND changing hands over the typical 5,529,940 shares.

Deutsche Bank lowered the price target of British Land Co PLC (LON:BLND) to 590GBX, indicating a possible downside of -0.10%,

Previously on 9/06/2016, JP Morgan Cazenove released a statement on British Land Co PLC(LON:BLND) lowered the target price from 900.00GBX to 800.00GBX that suggested an upside of 0.20%.

See Chart Below:

British Land Co PLC (LON:BLND)

A total of 19 firms have issued a ratings update on BLND. Six firms rate the stock a strong buy, nine firms rate the company a buy, six analyts rate the company a hold, one analyst rate the stock to underperform, and finally one brokeragerate the company as sell with a 12-month target price of 735.79GBX

With a market cap of 0.0 GBX, British Land Co PLC has a one-year low of 499.96GBX and a one-year high of 879.00GBX with a P/E ratio of 5.

More About British Land Co PLC (LON:BLND)

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. Its three principal sectors are Offices, Retail and Canada Water. Its portfolio of commercial property is focused on retail locations around the United Kingdom and London offices. Its Retail and Leisure portfolio is focused on regional and local multi-let assets. The Office sector includes residential and the Retail sector includes leisure. The Company’s properties include Canada Water Masterplan; Broadgate, Regent’s Place, Paddington Central, 5 Broadgate, The Leadenhall Building, 100 Liverpool Street, Ealing Broadway, Broadgate-201 Bishopsgate and Broadgate-155 Bishopsgate, and among others.

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