British Land Company PLC -19.1% potential downside indicated by Jefferies

British Land Company PLC with ticker (LON:BLND) now has a potential downside of -19.1% according to Jefferies.



Jefferies set a target price of 250 GBX for the company, which when compared to the British Land Company PLC share price of 309 GBX at opening today (29/09/2023) indicates a potential downside of -19.1%. Trading has ranged between 293 (52 week low) and 522 (52 week high) with an average of 7,185,969 shares exchanging hands daily. The market capitalisation at the time of writing is £2,927,329,625.

The British Land Company PLC is a United Kingdom-based property company. Its segments include Campuses and Retail & Fulfilment. The Campuses segment is leveraging the Campus proposition to focus on customers in sectors, including science, technology and health. Its three Campuses at Broadgate, Paddington Central and Regent’s Place are neighborhoods, attracting growth customers and sectors, and offering some of the connected and sustainable space in London. It is delivering its fourth Campus at Canada Water, where it is planning consent to deliver five-meter square feet of residential, commercial, retail and community space over 53 acres. Retail & Fulfilment segment has a portfolio that is focused on retail parks, which is aligned to the growth of online and last mile fulfilment. It is complementing with urban logistics primarily in London, which is focused on development-led opportunities.