British Land (OTCMKTS:BTLCY) Rating Increased to Strong-Buy at Hsbc Global Res

British Land (OTCMKTS:BTLCY) was upgraded by equities researchers at Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group raised shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, British Land presently has a consensus rating of “Buy”.

British Land Price Performance

Shares of OTCMKTS BTLCY opened at $4.55 on Monday. British Land has a 12-month low of $4.13 and a 12-month high of $6.31. The company’s fifty day simple moving average is $4.54 and its 200 day simple moving average is $5.13.

About British Land

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.