British Land Company PLC Sponsored ADR (BTLCY) Rating Lowered to Hold at HSBC Holdings plc

HSBC Holdings plc downgraded shares of British Land Company PLC Sponsored ADR (OTC:BTLCY) from a buy rating to a hold rating in a research report sent to investors on Monday morning, StockTargetPrices.com reports.

A number of other equities analysts have also weighed in on the company. J P Morgan Chase & Co lowered British Land Company PLC Sponsored ADR from an overweight rating to a neutral rating in a research note on Friday, May 19th. Credit Suisse Group upgraded British Land Company PLC Sponsored ADR from an underperform rating to a neutral rating in a research note on Thursday, June 1st.

Shares of British Land Company PLC Sponsored ADR (OTC BTLCY) opened at 7.796 on Monday. British Land Company PLC Sponsored ADR has a 12 month low of $7.14 and a 12 month high of $9.19. The stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 40.817 and a beta of 1.43. The stock’s 50 day moving average price is $8.05 and its 200 day moving average price is $8.09.

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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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