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British Land (OTCMKTS:BTLCY) Shares Cross Above Fifty Day Moving Average - Should You Sell?

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Shares of British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.50 and traded as high as $4.52. British Land shares last traded at $4.50, with a volume of 15,226 shares trading hands.

Analyst Ratings Changes

A number of research firms have commented on BTLCY. Hsbc Global Res upgraded shares of British Land from a "hold" rating to a "strong-buy" rating in a report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of British Land from a "hold" rating to a "strong-buy" rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, British Land presently has an average rating of "Buy".

Read Our Latest Research Report on BTLCY

British Land Trading Up 0.6 %

The stock's fifty day moving average price is $4.50 and its 200-day moving average price is $5.03.

British Land Company Profile

(Get Free Report)

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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