British Land Company PLC 4.1% Potential Decrease Indicated by Bank of America Merrill Lynch

Broker Ratings

British Land Company PLC using EPIC/TICKER code (LON:BLND) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Bank of America Merrill Lynch. British Land Company PLC are listed in the Financials sector within UK Main Market. Bank of America Merrill Lynch have set their target price at 560 GBX on its stock. This would imply the analyst believes there is a potential downside of -4.1% from the opening price of 584 GBX. Over the last 30 and 90 trading days the company share price has decreased 47 points and decreased 30.8 points respectively. The 1 year high share price is 649.4 GBX while the 52 week low is 465.3 GBX.

British Land Company PLC has a 50 day moving average of 599.04 GBX and a 200 Day Moving Average share price is recorded at 568.41. There are currently 926,654,026 shares in issue with the average daily volume traded being 4,074,554. Market capitalisation for LON:BLND is £5,387,566,733 GBP.

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