British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

BTLCY has been the subject of a number of research analyst reports. Barclays reaffirmed an “overweight” rating on shares of British Land in a research note on Monday, August 24th. Morgan Stanley restated an “overweight” rating on shares of British Land in a report on Tuesday, September 1st. Finally, Kepler Capital Markets downgraded British Land from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 22nd.

British Land Trading Up 0.2%

Shares of BTLCY stock opened at $5.38 on Wednesday. British Land has a 12-month low of $4.50 and a 12-month high of $6.00. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.32 and a quick ratio of 0.32. The firm has a fifty day moving average of $5.66 and a 200-day moving average of $5.38.

About British Land

British Land Company plc is a United Kingdom-based real estate investment and development company. It owns, manages and develops commercial property, with activities spanning offices, retail destinations, logistics facilities and mixed-use developments.

The company’s portfolio is primarily focused on London, including major office and mixed-use locations such as Broadgate and Paddington Central, as well as retail parks, shopping centres and urban logistics properties in London and across regional UK markets.