British Land Company PLC (OTCMKTS:BTLCY – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.50 and traded as high as $4.52. British Land shares last traded at $4.50, with a volume of 15,226 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on BTLCY. Hsbc Global Res raised shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 3rd. The Goldman Sachs Group upgraded shares of British Land from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. Two investment 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
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British Land Price Performance
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.
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