HSBC covered British Land Co PLC (LON:BLND), hiking its price target to 738.00GBX earlier today
- Updated: October 1, 2016
Stating a potential upside of 0.18%, HSBC increased the target price of British Land Co PLC (LON:BLND) to 738.00GBX
Previously on 9/13/2016, Deutsche Bank reported about British Land Co PLC (LON:BLND) lowered the target price from 810.00GBX to 590.00GBX. At the time, this indicated a possible downside of -0.10%.
Yesterday British Land Co PLC (LON:BLND) traded 0.48% higher at 623.00GBX. The company’s 50-day moving average is 647.57GBX and its 200-day moving average is 679.36GBX. The last stock close price is down -6.90% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,040,057 shares of British Land Co PLC exchanged hands, down from an average trading volume of 4,604,980
See Chart Below
British Land Co PLC has a one year low of 499.96GBX and a one year high of 879.00GBX with a PE ratio of 5.10 British Land Co PLC’s market capitalization is currently 0 GBX.
In addition to HSBC reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is 735.79GBX with 6 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 6 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.
Brief Synopsis On 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, among others.
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