British Land (OTCMKTS:BTLCY) Upgraded to Strong-Buy at UBS Group

UBS Group upgraded shares of British Land (OTCMKTS:BTLCY) from a hold rating to a strong-buy rating in a report published on Friday morning,Zacks.com reports.

British Land Stock Up 2.3%

Shares of BTLCY traded up $0.12 during trading hours on Friday, reaching $5.24. The stock had a trading volume of 4,050 shares, compared to its average volume of 16,271. British Land has a 52 week low of $4.13 and a 52 week high of $5.57. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a 50-day moving average of $4.74 and a 200 day moving average of $4.93.

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.