British Land (LON:BLND) Rating Reiterated by Societe Generale

British Land (LON:BLND)‘s stock had its “hold” rating restated by Societe Generale in a research report issued on Friday, November 17th. They currently have a GBX 610 ($8.17) target price on the stock. Societe Generale’s target price suggests a potential downside of 3.79% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Liberum Capital reaffirmed a “hold” rating and set a GBX 665 ($8.91) price target on shares of British Land in a report on Friday, August 18th. lowered shares of British Land to a “hold” rating and reduced their target price for the stock from GBX 738 ($9.88) to GBX 678 ($9.08) in a report on Monday, August 21st. J P Morgan Chase & Co boosted their target price on shares of British Land from GBX 700 ($9.37) to GBX 710 ($9.51) and gave the stock a “neutral” rating in a report on Thursday, July 20th. Jefferies Group reissued an “underperform” rating and set a GBX 500 ($6.70) target price on shares of British Land in a report on Friday, November 17th. Finally, HSBC restated a “hold” rating and issued a GBX 678 ($9.08) price target on shares of British Land in a research report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 663.38 ($8.88).

British Land (LON BLND) opened at GBX 636 ($8.52) on Friday. British Land has a 12-month low of GBX 574.60 ($7.70) and a 12-month high of GBX 675.50 ($9.05).

In other news, insider William Jackson bought 1,098 shares of the business’s stock in a transaction dated Friday, October 6th. The shares were purchased at an average price of GBX 598 ($8.01) per share, for a total transaction of £6,566.04 ($8,793.41). Also, insider Lucinda Bell sold 60,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of GBX 622 ($8.33), for a total transaction of £373,200 ($499,799.12). Insiders purchased 1,172 shares of company stock worth $701,246 over the last ninety days.

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British Land Company Profile

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.

Analyst Recommendations for British Land (LON:BLND)

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