British Land (LON:BLND – Get Free Report)‘s stock had its “underperform” rating reissued by Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They presently have a GBX 331 price target on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 21.64% from the company’s previous close.
British Land Stock Up 3.6%
BLND stock traded up GBX 14.60 during midday trading on Thursday, hitting GBX 422.40. The company’s stock had a trading volume of 355,401,531 shares, compared to its average volume of 24,642,842. The company’s fifty day moving average price is GBX 411.77 and its 200 day moving average price is GBX 405.91. The company has a debt-to-equity ratio of 52.34, a current ratio of 0.15 and a quick ratio of 0.25. British Land has a twelve month low of GBX 335.40 and a twelve month high of GBX 451.60. The stock has a market capitalization of £4.33 billion, a P/E ratio of 9.32, a PEG ratio of 6.76 and a beta of 1.18.
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.
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