J P Morgan Chase & Co Reiterates Neutral Rating for British Land Company PLC (BLND)

British Land Company PLC (LON:BLND)‘s stock had its “neutral” rating reissued by stock analysts at J P Morgan Chase & Co in a note issued to investors on Friday. They presently have a GBX 710 ($9.34) price objective on the stock. J P Morgan Chase & Co’s price objective indicates a potential upside of 13.78% from the stock’s current price.

Several other equities research analysts also recently weighed in on BLND. Liberum Capital upped their price target on British Land Company PLC from GBX 650 ($8.55) to GBX 665 ($8.75) and gave the stock a “hold” rating in a report on Tuesday, August 1st. downgraded British Land Company PLC to a “hold” rating and cut their price target for the stock from GBX 738 ($9.71) to GBX 678 ($8.92) in a report on Monday, August 21st. Deutsche Bank AG upgraded British Land Company PLC to a “buy” rating and increased their price objective for the company from GBX 590 ($7.76) to GBX 660 ($8.68) in a report on Monday, September 11th. The Goldman Sachs Group, Inc. reiterated a “neutral” rating and issued a GBX 611 ($8.04) price objective on shares of British Land Company PLC in a report on Wednesday, September 27th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 679 ($8.93) price objective on shares of British Land Company PLC in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 662.38 ($8.71).

Shares of British Land Company PLC (LON BLND) opened at GBX 624 ($8.21) on Friday. British Land Company PLC has a 1-year low of GBX 574.60 ($7.56) and a 1-year high of GBX 675.50 ($8.88).

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In other news, insider William Jackson purchased 1,098 shares of the company’s stock in a transaction that occurred on Friday, October 6th. The shares were purchased at an average price of GBX 598 ($7.87) per share, for a total transaction of £6,566.04 ($8,636.12). Insiders have purchased a total of 1,172 shares of company stock worth $701,246 in the last 90 days.

British Land Company PLC 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 Company PLC (LON:BLND)

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