Zacks Investment Research Lowers British Land (BTLCY) to Hold

British Land (OTCMKTS:BTLCY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “The British Land Co. Plc is a real estate investment trust which owns, manages, finances and develops commercial properties. Its property portfolio comprises retail parks, super stores, shopping centers, department stores, residential and offices. The British Land Co. Plc is headquartered in London, the United Kingdom. “

Shares of British Land (OTCMKTS BTLCY) traded up $0.14 on Friday, hitting $9.30. 5,828 shares of the company traded hands, compared to its average volume of 8,508. British Land has a fifty-two week low of $7.24 and a fifty-two week high of $9.57.

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About British Land

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.

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