Stifel Nicolaus cut shares of British Land (OTCMKTS:BTLCY – Free Report) from a buy rating to a hold rating in a research note published on Thursday, MarketBeat Ratings reports.
British Land Price Performance
British Land stock opened at $5.15 on Thursday. 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 1 year low of $3.48 and a 1 year high of $5.64. The firm has a 50-day moving average of $5.12 and a two-hundred day moving average of $4.92.
British Land Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, August 5th. Shareholders of record on Friday, June 21st will be given a $0.0953 dividend. The ex-dividend date is Friday, June 21st.
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.
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