British Land (BTLCY) Raised to Buy at HSBC

HSBC upgraded shares of British Land (OTCMKTS:BTLCY) from a hold rating to a buy rating in a report published on Wednesday.

Separately, Zacks Investment Research upgraded British Land from a sell rating to a hold rating in a research note on Tuesday, August 21st.

OTCMKTS:BTLCY opened at $7.90 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.25 and a quick ratio of 1.25. British Land has a 52 week low of $7.42 and a 52 week high of $9.90.

British Land Company Profile

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.

Further Reading: Compound Interest and Why It Matters When Investing

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