British Land (OTCMKTS:BTLCY) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of British Land (OTCMKTS:BTLCY) from a hold rating to a buy rating in a research note published on Wednesday, MarketBeat.com reports.

Other equities research analysts have also issued research reports about the company. Hsbc Global Res raised British Land to a hold rating in a research note on Monday, July 1st. Stifel Nicolaus lowered British Land from a buy rating to a hold rating in a research report on Thursday, June 20th. Finally, HSBC raised shares of British Land from a reduce rating to a hold rating in a research report on Monday, July 1st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold.

British Land Price Performance

OTCMKTS:BTLCY opened at $5.67 on Wednesday. British Land has a 52-week low of $3.48 and a 52-week high of $6.31. The business’s fifty day moving average is $5.56 and its 200 day moving average is $5.25. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.41.

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.