The stock of British Land Company PLC (LON:BLND) is a huge mover today! The stock increased 3.75% or GBX 21.95 on November 3, hitting GBX 606.95. About 8.42M shares traded hands or 118.70% up from the average. British Land Company PLC (LON:BLND) has declined 13.84% since April 6, 2016 and is downtrending. It has underperformed by 15.05% the S&P500.
The move comes after 5 months positive chart setup for the GBX 6.25B company. It was reported on Nov, 3 by Barchart.com. We have GBX 910.43 PT which if reached, will make LON:BLND worth GBX 3.13 billion more.
British Land Company PLC (LON:BLND) Ratings Coverage
Out of 23 analysts covering British Land Co PLC (LON:BLND), 13 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 57% are positive. British Land Co PLC has been the topic of 134 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Barclays Capital maintained British Land Company PLC (LON:BLND) rating on Monday, August 3. Barclays Capital has “Overweight” rating and GBX 899 price target. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, June 29. JP Morgan maintained the shares of BLND in a report on Wednesday, January 13 with “Overweight” rating. The stock of British Land Company PLC (LON:BLND) earned “Overwt/Attractive” rating by Morgan Stanley on Tuesday, November 17. Credit Suisse maintained British Land Company PLC (LON:BLND) on Tuesday, July 28 with “Underperform” rating. Jefferies maintained the shares of BLND in a report on Monday, September 7 with “Underperform” rating. The firm has “Add” rating by Numis Securities given on Wednesday, November 18. As per Monday, January 18, the company rating was maintained by Liberum Capital. As per Tuesday, October 27, the company rating was maintained by JP Morgan. The rating was maintained by Deutsche Bank with “Hold” on Friday, June 24.
More news for British Land Company PLC (LON:BLND) were recently published by: Reuters.com, which released: “British Land to sell stake in London’s “Cheesegrater” -source” on November 03, 2016. Fool.Co.Uk‘s article titled: “Are British Land Company plc, Royal Bank of Scotland Group plc and Barratt …” and published on July 18, 2016 is yet another important article.
The British Land Company PLC is a real estate company. The company has a market cap of 6.25 billion GBP. The Firm owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It has a 4.91 P/E ratio. It creates and operates places for people to work, shop and live in.
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