British Land (OTCMKTS:BTLCY) Rating Increased to Strong-Buy at Hsbc Global Res

British Land (OTCMKTS:BTLCY) was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group raised British Land from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, British Land currently has an average rating of “Buy”.

British Land Trading Down 1.7 %

BTLCY stock opened at $4.55 on Monday. British Land has a 12 month low of $4.13 and a 12 month high of $6.31. The company has a fifty day moving average price of $4.54 and a 200 day moving average price of $5.13.

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.