British Land Company PLC (LON:BLND) Stock Has Consensus Price Target of GBX 443.62

Shares of British Land Company PLC (LON:BLND) have been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 443.62.

Separately, Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 331 price objective on shares of British Land in a research note on Thursday.

British Land Stock Performance

LON:BLND opened at GBX 418 on Thursday. The company has a fifty day simple moving average of GBX 411.77 and a two-hundred day simple moving average of GBX 405.91. The company has a market cap of £4.29 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 6.76 and a beta of 1.18. The company has a quick ratio of 0.25, a current ratio of 0.15 and a debt-to-equity ratio of 52.34. British Land has a 52 week low of GBX 335.40 and a 52 week high of GBX 451.60.

British Land Company Profile

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. We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.