British Land (LON:BLND – Get Free Report)‘s stock had its “underperform” rating reissued by analysts at 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 current price.
British Land Stock Up 3.6%
BLND traded up GBX 14.60 during trading hours on Thursday, hitting GBX 422.40. 355,401,531 shares of the company’s stock were exchanged, compared to its average volume of 24,642,842. The firm has a 50 day moving average of GBX 411.38 and a 200 day moving average of GBX 406.47. The company has a current ratio of 0.15, a quick ratio of 0.25 and a debt-to-equity ratio of 52.34. British Land has a 12-month low of GBX 335.40 and a 12-month high of GBX 451.60. The firm has a market cap of £4.33 billion, a P/E ratio of 9.32, a price-to-earnings-growth 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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