British Land Company PLC (LON:BLND) declared a dividend on Thursday, January 19th. Shareholders of record on Thursday, March 30th will be given a dividend of GBX 7.30 ($0.09) per share on Friday, May 5th. This represents a yield of 1.23%. The ex-dividend date of this dividend is Thursday, March 30th. The official announcement can be accessed at this link.
British Land Company PLC (LON:BLND) traded down 3.64% during trading on Thursday, reaching GBX 595.50. 8,401,052 shares of the company’s stock traded hands. The firm’s market cap is GBX 6.13 billion. British Land Company PLC has a 12 month low of GBX 499.96 and a 12 month high of GBX 773.35. The firm has a 50 day moving average price of GBX 620.82 and a 200-day moving average price of GBX 623.14.
BLND has been the subject of several recent research reports. BNP Paribas restated an “underperform” rating on shares of British Land Company PLC in a research report on Tuesday, October 11th. Liberum Capital restated a “sell” rating on shares of British Land Company PLC in a research report on Thursday, October 13th. Numis Securities Ltd restated a “hold” rating and issued a GBX 671 ($8.10) price target on shares of British Land Company PLC in a research report on Tuesday, October 25th. Goldman Sachs Group Inc. decreased their price target on shares of British Land Company PLC from GBX 736 ($8.88) to GBX 715 ($8.63) and set a “neutral” rating for the company in a research report on Wednesday, November 2nd. Finally, HSBC upped their price target on shares of British Land Company PLC from GBX 647 ($7.81) to GBX 738 ($8.90) and gave the company a “buy” rating in a research report on Friday, September 30th. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. British Land Company PLC currently has an average rating of “Hold” and an average price target of GBX 714.26 ($8.62).
British Land Company PLC Company Profile
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.