British Land Company PLC (OTCMKTS:BTLCY) Given Average Recommendation of “Hold” by Analysts

Shares of British Land Company PLC (OTCMKTS:BTLCY) have been given an average recommendation of “Hold” by the six ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

A number of research firms have commented on BTLCY. Hsbc Global Res upgraded British Land to a “hold” rating in a research report on Monday, July 1st. HSBC upgraded British Land from a “reduce” rating to a “hold” rating in a research report on Monday, July 1st. Finally, Stifel Nicolaus downgraded British Land from a “buy” rating to a “hold” rating in a research report on Thursday, June 20th.

British Land Stock Performance

OTCMKTS BTLCY opened at $5.01 on Wednesday. The stock’s fifty day moving average is $5.28 and its two-hundred day moving average is $4.96. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.59 and a quick ratio of 0.59. British Land has a fifty-two week low of $3.48 and a fifty-two week high of $5.64.

British Land Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, August 5th. Shareholders of record on Friday, June 21st were issued a dividend of $0.0953 per share. The ex-dividend date was Friday, June 21st.

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.