British Land Company PLC Sponsored ADR (BTLCY) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) from a sell rating to a hold rating in a research note released on Monday, July 24th.

According to Zacks, “The British Land Co. Plc is a real estate investment trust which owns, manages, finances and develops commercial properties. Its property portfolio comprises retail parks, super stores, shopping centers, department stores, residential and offices. The British Land Co. Plc is headquartered in London, the United Kingdom. “

BTLCY has been the topic of a number of other research reports. J P Morgan Chase & Co lowered British Land Company PLC Sponsored ADR from an overweight rating to a neutral rating in a research report on Friday, May 19th. Credit Suisse Group raised British Land Company PLC Sponsored ADR from an underperform rating to a neutral rating in a report on Thursday, June 1st. Six investment analysts have rated the stock with a hold rating, The company has an average rating of Hold and an average price target of $9.75.

Shares of British Land Company PLC Sponsored ADR (OTCMKTS BTLCY) opened at 8.14 on Monday. The firm has a 50-day moving average of $8.09 and a 200 day moving average of $8.03. British Land Company PLC Sponsored ADR has a 12 month low of $7.14 and a 12 month high of $9.19. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 42.84 and a beta of 1.43.

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British Land Company PLC Sponsored ADR 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.

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