British Land Co
BLND: 622.32 0.00 (0.00%)
| Bid Price | 0.00 | High Price | 0.00 |
|---|---|---|---|
| Ask Price | 0.00 | Low Price | 0.00 |
| Open Price | 0.00 | Spread | 0.00% |
| Prev Close | 622.00 | Volume | 0.00 |
British Land Co Share Price Chart
Intraday
Historic – 1 year
British Land Co Share Price Information
| Name | British Land Co | Epic | BLND |
|---|---|---|---|
| Sector | Real Estate Investment Trusts | ISIN | GB0001367019 |
| Activites | British Land Co plc is one of Europe’s largest publicly listed real estate companies. It owns, manages, develops and finances a portfolio of high quality commercial property, focused on retail locations around the UK and London Offices & Residential. It has total assets in the UK, owned or managed of £19.0 billion (British Land share of which is £12.8 billion), as valued at 30 September 2014. Its properties are home to over 1,000 different organisations and receive over 340 million visits each year. Its objective is to deliver long-term and sustainable total returns to its shareholders and by focusing on Places People Prefer. UK Retail assets account for 54% of its portfolio. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 0.00 | Net Gearing (%) | 29.85 |
|---|---|---|---|
| Market Cap (£m) | 6,353.02 | Gross Gearing (%) | 30.67 |
| Shares in issue (m) | 1,029.66 | Debt Ratio | 29.09 |
| P/E Ratio | 4.70 | Debt-to-Equity Ratio | 0.93 |
| Divs per share (p) | 28.36 | Assets / Equity Ratio | 1.44 |
| Dividend Yield (%) | 4.70 | Price to book value | 0.66 |
| Dividend Cover | 1.20 | SROCE (%) | 9.81 |
| Earning per share (p) | 131.20 | EPS Growth (%) | -22.04 |
| 52-week high / low (p) | 823.50 / 500.00 | DPS Growth (%) | 2.46 |
British Land Co Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 01 Dec | Exane BNP Paribas | Underperform | 622.32 | 660.00 | 660.00 | Reiterates |
| 30 Nov | Exane BNP Paribas | Underperform | 622.32 | 660.00 | 660.00 | Reiterates |
| 21 Nov | Numis | Hold | 622.32 | 660.00 | Reiterates | |
| 17 Nov | Exane BNP Paribas | Underperform | 622.32 | 600.00 | 660.00 | Reiterates |
| 17 Nov | HSBC | Buy | 622.32 | 738.00 | 738.00 | Reiterates |
British Land Co Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 14 Nov 2016 | Tim Roberts | Buy | 193 @ 591.00p | £1,140.63 |
| 14 Nov 2016 | Charles Maudsley | Buy | 74 @ 591.00p | £437.34 |
| 14 Nov 2016 | Lucinda Bell | Buy | 206 @ 591.00p | £1,217.46 |
| 14 Nov 2016 | Chris Grigg | Buy | 97 @ 591.00p | £573.27 |
| 15 Sep 2016 | Tim Roberts | Buy | 24 @ 625.66p | £150.16 |
| 15 Sep 2016 | Charles Maudsley | Buy | 24 @ 625.66p | £150.16 |
| 15 Sep 2016 | Lucinda Bell | Buy | 24 @ 625.66p | £150.16 |
| 15 Sep 2016 | Chris Grigg | Buy | 24 @ 625.66p | £150.16 |
| 26 Aug 2016 | Tim Roberts | Buy | 542 @ 0.00p | £0.00 |
| 26 Aug 2016 | Charles Maudsley | Transfer In | 542 @ 0.00p | £0.00 |
| 26 Aug 2016 | Lucinda Bell | Transfer In | 542 @ 0.00p | £0.00 |
| 26 Aug 2016 | Chris Grigg | Transfer In | 542 @ 0.00p | £0.00 |
| 16 Aug 2016 | Tim Roberts | Buy | 22 @ 662.47p | £145.74 |
| 16 Aug 2016 | Charles Maudsley | Buy | 22 @ 662.47p | £145.74 |
| 16 Aug 2016 | Lucinda Bell | Buy | 22 @ 662.47p | £145.74 |
| 16 Aug 2016 | Chris Grigg | Buy | 22 @ 662.47p | £145.74 |
| 08 Aug 2016 | Tim Roberts | Buy | 178 @ 666.50p | £1,186.37 |
| 08 Aug 2016 | Tim Roberts | Sell | 37499 @ 665.80p | £249,668.34 |
| 08 Aug 2016 | Tim Roberts | Transfer In | 79625 @ 0.00p | £0.00 |
| 08 Aug 2016 | Charles Maudsley | Buy | 64 @ 666.50p | £426.56 |
| 08 Aug 2016 | Charles Maudsley | Sell | 37499 @ 665.80p | £249,668.34 |
| 08 Aug 2016 | Charles Maudsley | Transfer In | 79625 @ 0.00p | £0.00 |
| 08 Aug 2016 | Lucinda Bell | Buy | 191 @ 666.50p | £1,273.02 |
| 08 Aug 2016 | Lucinda Bell | Buy | 87119 @ 601.00p | £523,585.19 |
| 08 Aug 2016 | Lucinda Bell | Sell | 30772 @ 665.80p | £204,879.98 |
| 08 Aug 2016 | Lucinda Bell | Transfer In | 65339 @ 0.00p | £0.00 |
| 08 Aug 2016 | Chris Grigg | Buy | 86 @ 666.50p | £573.19 |
| 08 Aug 2016 | Chris Grigg | Sell | 70586 @ 665.80p | £469,961.59 |
| 08 Aug 2016 | Chris Grigg | Transfer In | 149882 @ 0.00p | £0.00 |
| 03 Aug 2016 | Tim Roberts | Sell | 13994 @ 660.88p | £92,483.55 |
| 03 Aug 2016 | Charles Maudsley | Sell | 13994 @ 660.88p | £92,483.55 |
| 03 Aug 2016 | Lucinda Bell | Sell | 12886 @ 660.88p | £85,161.00 |
| 03 Aug 2016 | Chris Grigg | Sell | 29928 @ 660.88p | £197,788.17 |
| 03 Aug 2016 | Tim Roberts | Transfer In | 44347 @ 0.00p | £0.00 |
| 03 Aug 2016 | Charles Maudsley | Transfer In | 44347 @ 0.00p | £0.00 |
| 03 Aug 2016 | Lucinda Bell | Transfer In | 40834 @ 0.00p | £0.00 |
| 03 Aug 2016 | Chris Grigg | Transfer In | 94844 @ 0.00p | £0.00 |
| 15 Jul 2016 | Tim Roberts | Buy | 25 @ 619.99p | £155.00 |
| 15 Jul 2016 | Charles Maudsley | Buy | 25 @ 619.99p | £155.00 |
| 15 Jul 2016 | Lucinda Bell | Buy | 24 @ 619.99p | £148.80 |
| 15 Jul 2016 | Chris Grigg | Buy | 24 @ 619.99p | £148.80 |
| 12 Jul 2016 | Lynn Gladden | In Lieu of Fees/Salary | 1870 @ 584.27p | £10,925.85 |
| 12 Jul 2016 | Laura Wade-Gery | In Lieu of Fees/Salary | 856 @ 584.27p | £5,001.35 |
| 12 Jul 2016 | Tim Score | In Lieu of Fees/Salary | 2583 @ 584.27p | £15,091.69 |
| 12 Jul 2016 | William Jackson | In Lieu of Fees/Salary | 1040 @ 584.27p | £6,076.41 |
| 12 Jul 2016 | Andrew Turnbull | In Lieu of Fees/Salary | 428 @ 584.27p | £2,500.68 |
| 30 Jun 2016 | Tim Roberts | Buy | 11727 @ 599.60p | £70,315.09 |
| 30 Jun 2016 | Charles Maudsley | Buy | 12020 @ 599.60p | £72,071.92 |
| 30 Jun 2016 | Lucinda Bell | Buy | 12020 @ 599.60p | £72,071.92 |
| 30 Jun 2016 | Chris Grigg | Buy | 24626 @ 599.60p | £147,657.50 |
| 16 Jun 2016 | Tim Roberts | Buy | 21 @ 707.44p | £148.56 |
| 16 Jun 2016 | Charles Maudsley | Buy | 21 @ 707.44p | £148.56 |
| 16 Jun 2016 | Lucinda Bell | Buy | 22 @ 707.44p | £155.64 |
| 16 Jun 2016 | Chris Grigg | Buy | 22 @ 707.44p | £155.64 |
British Land Co Company News
Fitch revises British Land’s outlook to positive
Fitch Ratings has revised the outlook on British Land’s long-term issuer default rating to positive from stable. The agency has affirmed the long-term IDR at ‘BBB+’, the short-term IDR at ‘F2’ and the senior unsecured rating at ‘A-‘.
Fitch says the revised outlook reflects the continuing positive steps management has been taking to improve the business.
At 8:56am: (LON:BLND) British Land Co PLC share price was +4.75p at 620.75p
Story provided by StockMarketWire.com
Broker Forecast – Numis issues a broker note on British Land Co PLC
Numis today reaffirms its hold investment rating on British Land Co PLC (LON:BLND) and set its price target at 660p.
Story provided by StockMarketWire.com
Broker Forecast – Exane BNP Paribas issues a broker note on British Land Co PLC
Exane BNP Paribas today reaffirms its underperform investment rating on British Land Co PLC (LON:BLND) and raised its price target to 660p (from 600p).
Story provided by StockMarketWire.com
Broker Forecast – Jefferies International issues a broker note on British Land Co PLC
Jefferies International today reaffirms its underperform investment rating on British Land Co PLC (LON:BLND) and cut its price target to 500p (from 525p).
Story provided by StockMarketWire.com
FTSE tiptoes lower on property, pharmas
London stocks tiptoed lower in early deals on a string of house builders, commercial property, pharmas and retail-related outfits heading south.
Soon after the open, FTSE 100 was down 5.96 points, or 0.09%, to 6786.78. FTSE 250 was down 1.85 points, or 0.01%, to 17,571.2.
At 8.30am, WTI crude was down 0.44% to $45.61/bbl and Brent was down 0.38% to $46.77/bbl. Gold was up 0.21% to $1227.1/oz.
Hikma (HIK) guided the blue-chip losers as it fell 2.29% to 1683.5, with Shire (SHP) down 1.41% to 4784p and Astrazeneca (AZN) lower 0.97% to 4319.25p.
Barratt Developments (BDEV), down 1.71% to 474.65p, said its total forward sales fell 4.3% to £2.65bn at Nov. 13. Fellow house builder Persimmon (PSN) fell 1.15% to 1718p. More chased.
British Land (BLND) led commercial property south as it fell 0.66% to 602.5p after reporting H1 underlying pretax profits rose 16.4% to £199m, driven by like-for-like income growth.
Overall, risers and fallers were roughly evenly split. Tesco (TSCO) fell 0.69% to 215.5p to lead supermarkets up, while Burberry (BRBY) led high-street retail as it rose 0.81% to 1401.5p.
Morrisons (MRW), up 0.97% to 224.05p, has launched Morrisons at Amazon. Amazon Prime customers in selected areas could order a full Morrisons shop online via the Prime Now app.
Severn Trent Water’s (SVT), up 2.29% to 2188p, planned acquisition of and Dee Valley Group has been recommended. The acquisition values Dee Valley’s issued share capital at about £78.5m.
Finally, Rolls-Royce (RR.) fell 0.3% to 752.25p on making steady progress in 2016 to date and stating it remains comfortable that its expectations for profit and free cash flow remain achievable.
BIGGER MOVERS
Petro Matad (MATD), up 31.4% to 3.98p, has significantly upgraded its prospective basin portfolio. Current data coverage in the company’s acreage has revealed 12 basins and this is likely to increase. It said there is excellent potential for discovering material hydrocarbon volumes in the Company’s acreage.
LightwaveRF (LWRF), down 21.43% to 16.5p, has raised £1m before expenses via a subscription of 7.7m new shares at 13p a share. Speedy Hire (SDY), up 15.32% to 42.38p, has booked an H1 pretax profit £5.4m, from a year-ago loss of £13.5m. Revenue had improved. Interim dividend rose to 0.33p, from 0.3p.
Trinity Capital (TRC) rose 20% to 4.5p as it said subsidiary Trinity Capital Mauritius Ltd completed the realisation of its investments in Trinity Capital (One) Ltd and Trinity Capital (Five) Ltd for proceeds of £8.7m.
LONDON HIGHLIGHTS
Flowgroup (FLOW), down 12.9% to 10.12p, said the previously announced reduction in microCHP production has inevitably had a corresponding effect on expectations for turnover. Directors expect the other key metrics of EBITDA and cash for the financial year ending December 2016 to be in line with market views.
Koovs (KOOV), down 7.94% to 58p, has announced a strategic investment from the Times of India Group (£3.9m) as part of a further £10.9m of new funding, and up to an additional £2m via broker option. This capital raise is part of the final tranche of the company’s three-year investment programme to raise about £35m.
Sirius Petroleum (SRSP), up 11.11% to 0.5p, has entered into a key vendor financed offshore drilling contract with COSL Drilling Pan-Pacific Ltd for the provision of a high specification jack-up rig that will be utilised by the Company to drill a multi well campaign as part of its shallow offshore development strategy in Nigeria, commencing in the first half of 2017.
Tiziana Life Sciences (TILS), up 9.92% to 192.63p, announces new data from animal studies demonstrating the potential of its novel oral therapy with foralumab (NI-0401) for NASH, diabetes and other life-threatening inflammatory diseases.
Fenner (FENR), up 7.42% to 253.25p, said its FY revenues fell to £572.5m, from £666.7m. Pretax loss was £30.3m, up from £5.3m. It said the current year is anticipated to be modestly ahead of previous expectations in addition to currency benefit.
Georgian Mining Corporation (GEO), up 6.06% to 8.75p, has raised £2.6m at 8p a share. Net proceeds would be used to facilitate its strategy to deliver an initial resource of 3m-5m tonnes of open pit copper-gold sulphide mineralisation at the Kvemo Bolnisi Copper-Gold Project in Georgia together with gold oxide mineralisation that has been reported previously.
Tungsten Corporation (TUNG), up 3.76% to 55.25p, said all regulatory approvals from the Prudential Regulation Authority and Financial Conduct Authority required for the change in control of Tungsten Bank have been received.
ICAP (IAP), down 2.63% to 518.5p, reports a resilient first half performance despite ongoing market headwinds. Its continuing trading pretax profit of £51m was 7% down on the year mainly due to a rise in net finance costs.
Other stocks in the news included Forterra (FORT), Savannah Resources (SAV), Cranswick (CWK), Circle Oil (COP), Aggreko (AGK), Morrisons (MRW), Horizon Discovery (HZD), DiamondCorp (DCP), Mercia Technologies (MERC), Greencore (GNC), Sunrise Resources (SRES), VinaLand Ltd (VNL), Providence Resources (PVR) and Bezant Resources (BZT).
Story provided by StockMarketWire.com
