From MarketBeat:

Short interest in British Land Company PLC has dropped by 36.4% in January, with only 4,900 shares being shorted, leading to a days-to-cover ratio of 0.4 days. Meanwhile, Wall Street analysts have upgraded the company from “neutral” to “outperform” with three sell ratings, one hold rating, and one buy rating.

Shares of OTCMKTS BTLCY were up 0.3% to $4.71, trading at a volume of 1,528 shares. The company has a 52-week low of $3.48 and a 52-week high of $5.88, with a 50-day simple moving average of $4.83 and a 200-day simple moving average of $4.25.

The firm has also increased its dividend, paying out a dividend of $0.1049 on January 16th, which is up from its previous dividend of $0.10. British Land’s UK commercial property portfolio is valued at £13.0bn, making it one of Europe’s largest real estate investment companies.

MarketBeat’s generated alerts are designed to provide the fastest and most accurate reporting, and are reviewed by MarketBeat’s editorial team. British Land currently has a “Hold” rating and an average price target of $378.50. Analysts believe these five stocks are better investments over British Land.



Read more: British Land Company PLC (OTCMKTS:BTLCY) Short Interest Down 36.4% in January