Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on BRITISH LAND CO PLC. We currently have 8 research reports from 3 professional analysts.
|17Jan17 02:50||RNS||Director/PDMR Shareholding|
|13Jan17 05:25||RNS||Director/PDMR Shareholding|
|05Jan17 12:00||RNS||Convertible Bond Exchange Price Adjustment|
|30Dec16 10:00||RNS||Total Voting Rights|
|23Dec16 11:16||RNS||Dividend Declaration|
|19Dec16 11:20||RNS||Directorate Change|
|15Dec16 03:00||RNS||Director/PDMR Shareholding|
Frequency of research reports
Research reports on
BRITISH LAND CO PLC
BRITISH LAND CO PLC
17 May 16
London is expected to stage a modest rally at today's opening, with the FTSE-100 gaining some 20 points. US stocks, which closed higher overnight as equities rebounded from three straight weeks of declines, were supported by surging in oil prices and a rally in tech stocks. Warren Buffett's Berkshire Hathaway provides the unexpected market support declaring a US$1bn stake in Apple, which rallied the shares and was sufficient to overcome cautionary sentiment following the weaker-than-expected New York manufacturing data released yesterday. Asia, by comparison ended mixed, with investors waiting for Zhang Dejiang, the No. 3 official in the Chinese central government, who is expected to speak at an economic conference tomorrow regarding China's "One Belt One Road" initiative. In the UK this morning, expect release of Inflation data, producer prices and the ONS house price index, while later this afternoon, US real earnings and inflation figures; results are expected.
Panmure Morning Note 19-01-16
19 Jan 16
Equity market weakness may persist for some time while the imbalances caused by weak global growth, oil and commodity prices and currency wars play out. UK commercial property looks a safe haven, in our view, backed by a robust domestic economy, supply scarcity, low interest rates and non-oil based currency. The challenges are to capture the current strength, while balancing the financial and property risks. These are central to the British Land strategy. The low gearing, coupled with a clear ability to operationally out-perform (as today's update evidences) indicates that the management is well prepared. We consider the 20% discount to NAV unjustified and retain our Buy recommendation and target price at par with the one year forward NAV.
Panmure Morning Note 02-09-15
02 Sep 15
British Land has a diverse retail portfolio which includes some prime shopping parks as well as a number of standalone bulky retail and supermarket shops spread around the country. Management has assessed the assets in the light of data on consumer behaviour and recognises that some weak assets can be revitalised whereas other may not. Consequently the group will continue a selective disposal strategy and unlock value in the balance. The group is well managed and differentiates itself by actively managing the liabilities as well as the asset portfolio to drive returns. We upgrade our target price to 1008p (from 994p) and retain our BUY recommendation.
Panmure Research - Property 01-09-15
01 Sep 15
UK retail property has suffered twin headwinds of weak consumer sentiment and the structural impact from online distribution. There is now sufficient data on consumer behaviour for retailers to be confident about their omni-channel strategies and implement them. We believe that this will have a profound effect on retail property valuations with the polarity between vibrant and weak locations being rapidly exacerbated. Landlords with strong retailer relationships, a contemporary offer and, crucially, the financial resources to keep the centres state of the art should excel and we foresee robust growth in those property values. Our analysis makes Hammerson the winner and Intu is the loser.
Panmure Morning Note 29-07-15
29 Jul 15
The sale of 39 Victoria Street for £139m is in line with the group strategy to recycle capital once the asset management process has been completed. This office building was acquired for £40m, refurbished in 2013 and let on a lease maturing in 2029 to a government body. The funds are being recycled into the Paddington Basin estate where the group acquired One Sheldon Square (which replaces the income lost) earlier this year and is on site at 4 Kingdom Street. We retain our Buy stance and 994p target price.
N+1 Singer - Best Ideas 2017 - Top picks
04 Jan 17
Today we publish our Best Ideas for 2017 - 12 stocks that we believe have excellent prospects in the current year together with a detailed discussion of what we see as the key sector and market themes for 2017. Our top picks are Cineworld, Elementis, Herald Investment Trust, Hill & Smith, IQE, MySale, Redde, ReNeuron, RhythmOne, SDL, Servelec and Severfield.
The Monthly January 2017
09 Jan 17
Despite all the hullaballoo of the Brexit vote and the subsequent election of Donald Trump as the next US President, the UK stock market prospered last year, especially in the latter few months of 2016. The combination of a depreciating currency – making $ earnings more valuable in relative terms - and the Trump emphasis on infrastructure expenditure drove the stock market higher
Making Mobiles Better
17 Jan 17
Mobile phones are increasingly the key connection for the modern world. This means that the performance of mobile phones, and their networks, is going to become more critical for all the apps and businesses that rely on them. New technologies such as VR, AR, and AV will need better, more reliable connections to really move into the mainstream. In this thematic piece we attempt to identify some of the most important issues facing mobile phone networks and their users, and start to identify solutions and enablers that will solve these problems and create value by doing so.
Small Cap Breakfast
17 Jan 17
Global Energy Development (GED.L) — To be renamed Nautilus Marine Services. Schedule 1 from developer and seller of hydrocarbons and related products. Reverse takeover. Raising $10.5m via a convertible. Expected 9 Feb. Eco (Atlantic) Oil & Gas—TSX-V listed oil and gas exploration has announced its intention to float on AIM. Assets in Guyana and Namibia. Proposed £2m-£3m fundraise. Diversified Gas & Oil—According to LSE website first day of trading on AIM now expected for 30 January.
N+1 Singer - Morning Song 16-01-2017
16 Jan 17
As the birthplace of Stephenson, Armstrong and Swan, the North East of England has a proud history of industrial and technological innovation. Despite local economic challenges, the region’s industrial heritage lives on through continuing success in high end engineering and technology. The recent takeovers of private equity backed SMD (subsea robotics) and Nomad Digital (wi-fi on the railways) are testament to this. The North East has also emerged as a leader in genetics and genomics with an enviable life sciences and healthcare infrastructure. Against this backdrop, we expect the region to continue to throw up attractive IPO candidates to build on the six new listings in the past three years. We expect 2017 to be far kinder to the existing portfolio of North East plcs than 2016 (a year to forget) with recent management changes one important theme for the new year. Our top picks are Hargreaves Services, Quantum Pharma and Zytronic (all N+1 Singer Corporate clients) and we are Buyers of Northgate and Grainger.