British Land Company PLC -7.2% potential downside indicated by RBC Capital Markets

British Land Company PLC with ticker (LON:BLND) now has a potential downside of -7.2% according to RBC Capital Markets.



RBC Capital Markets set a target price of 475 GBX for the company, which when compared to the British Land Company PLC share price of 509 GBX at opening today (18/05/2022) indicates a potential downside of -7.2%. Trading has ranged between 442 (52 week low) and 564 (52 week high) with an average of 1,846,993 shares exchanging hands daily. The market capitalisation at the time of writing is £4,880,798,192.

The British Land Company PLC is a United Kingdom-based real estate company. The Company owns and manages the commercial property. The Company is engaged in London Campuses and Retail & Fulfilment assets throughout the United Kingdom. The Company’s segments include Offices, Retail, and Canada Water. The Retail sector includes leisure, as this is often incorporated into Retail schemes. The Other/unallocated sector includes residential properties. The Company’s Campuses at Broadgate are Regent’s Place and Canada Water Masterplan. The Company delivers campus at Canada Water, including residential, commercial, retail, and community space of approximately 53 acres. The Company’s retail portfolio is focused on out-of-town retail parks. Its shopping centers include well-located open-air and traditionally covered centers.