British Land (BTLCY) Was Downgraded From “Buy” By Citigroup.

May 16, 2018 - By Nellie Rakes

British Land Company Plc (OTCMKTS:BTLCY) Corporate Logo

Citigroup Lowered British Land (BTLCY)’s Stock Rating to “Neutral”.

British Land (BTLCY) has rating changed from “Buy” to “Neutral” by Citigroup. The cut was made public on Tuesday morning.

BTLCY touched $9.39 during the last trading session after $0.09 change.Currently British Land Company Plc is after 0.00% change in last May 16, 2017. BTLCY has also 13,041 shares volume. BTLCY underperformed by 11.55% the S&P 500.

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices.The firm is valued at $9.04 billion. We own or manage a portfolio valued at £18.1 billion as at 30 September 2017 making us one of Europe's largest listed real estate investment companies.The P/E ratio is 11.47. Our strategy is to provide places which meet the needs of our clients and respond to changing lifestyles – Places People Prefer.

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