British Land (OTCMKTS:BTLCY) Reaches New 12-Month High at $6.23

British Land Company PLC (OTCMKTS:BTLCY)’s stock price reached a new 52-week high on Monday . The company traded as high as $6.23 and last traded at $6.22, with a volume of 9254 shares trading hands. The stock had previously closed at $6.05.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Stifel Nicolaus lowered British Land from a “buy” rating to a “hold” rating in a research report on Thursday, June 20th. Hsbc Global Res upgraded British Land to a “hold” rating in a research report on Monday, July 1st. Finally, HSBC upgraded British Land from a “reduce” rating to a “hold” rating in a research report on Monday, July 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, British Land presently has an average rating of “Hold”.

British Land Price Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a 50-day simple moving average of $5.38 and a 200 day simple moving average of $5.14.

British Land Company Profile

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.