British Land (BTLCY) Upgraded to Hold by Zacks Investment Research

British Land (OTCMKTS:BTLCY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Friday, Zacks.com reports.

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. “

Separately, Citigroup reaffirmed a “sell” rating on shares of British Land in a report on Friday, January 25th.

BTLCY stock traded down $0.03 during mid-day trading on Friday, hitting $7.95. The stock had a trading volume of 57,039 shares, compared to its average volume of 34,912. British Land has a 52 week low of $6.53 and a 52 week high of $9.63.

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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