British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) have earned a consensus recommendation of “Buy” from the six research firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and three have issued a strong buy recommendation on the company.

Several analysts recently issued reports on BTLCY shares. UBS Group upgraded British Land from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Morgan Stanley reissued an “overweight” rating on shares of British Land in a research report on Friday. Finally, Panmure Gordon raised British Land to a “buy” rating in a research report on Tuesday.

British Land Stock Down 1.3%

OTCMKTS:BTLCY traded down $0.07 during trading hours on Friday, reaching $5.49. The company had a trading volume of 3,403 shares, compared to its average volume of 22,076. The firm’s 50 day moving average price is $4.98 and its 200-day moving average price is $4.92. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.42. British Land has a 52 week low of $4.13 and a 52 week high of $5.62.

About British Land

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.