British Land Company PLC (OTCMKTS:BTLCY) Receives Consensus Rating of “Hold” from Analysts

British Land Company PLC (OTCMKTS:BTLCY) has been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company.

BTLCY has been the topic of several recent analyst reports. HSBC raised British Land from a “reduce” rating to a “hold” rating in a research note on Monday, July 1st. Hsbc Global Res raised British Land to a “hold” rating in a research note on Monday, July 1st. Finally, Stifel Nicolaus lowered British Land from a “buy” rating to a “hold” rating in a research note on Thursday, June 20th.

British Land Stock Performance

Shares of BTLCY stock opened at $5.01 on Wednesday. The stock’s fifty day simple moving average is $5.28 and its 200 day simple moving average is $4.96. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.41. British Land has a one year low of $3.48 and a one year high of $5.64.

British Land Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, August 5th. Stockholders of record on Friday, June 21st were issued a dividend of $0.0953 per share. The ex-dividend date of this dividend was 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.