Jefferies keeps 331 GBp target for British Land stock

Published on 10/15/2026 at 22:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 earnings per share reached 16.10p, up 5.00 percent. British Land stock costs EUR 4.98 on October 15, 2026 after hours.

Analyst view and reporting date

On October 14, 2026, Jefferies kept an Underperform rating and a 331 GBp target after cutting it from 305 GBp.
For the six months ended September 30, 2026, underlying earnings per share reached 16.10p, up 5.00 percent year on year.
British Land stock costs EUR 4.98 at Lang & Schwarz on October 15, 2026 at 10:06 p.m. CEST.
British Land will publish its half-year results on November 18, 2026, while its P/E is 9.18.

British Land, GB0001367019, Illustration mit AI erstellt.

Jefferies kept an Underperform rating on British Land and set a 331 GBp price target, down from 305 GBp, in a note dated October 14, 2026, according to Markets Insider. Against the LSE price of GBp 422.40 on October 15, 2026 at 4:35 p.m. London time, the target was 27.61 percent lower. British Land was trading at EUR 4.98 at Lang & Schwarz on October 15, 2026 at 10:06 p.m. CEST.

Underlying earnings rise 5.00 percent

British Land expected underlying earnings per share of 16.10p for the six months ended September 30, 2026, up from 15.40p a year earlier. Underlying profit was GBP 166 million, compared with GBP 155 million in the comparable period, according to the company's British Land update dated October 15, 2026. Like-for-like net rental income growth reached 12.00 percent, while portfolio values increased 1.50 percent.

Stock sits 6.47 percent below high

The LSE price of GBp 422.40 stood within a 52-week range of GBp 335.40 to GBp 451.60 on October 15, 2026. It was 6.47 percent below the high and 25.94 percent above the low. Trading volume was 3,802,101 shares against an average of 3,710,102, a 2.48 percent difference.

Valuation and November 18 results

British Land had a market capitalization of GBP 4.3 billion and a P/E ratio of 9.18 on October 15, 2026. Its half-year results are scheduled for November 18, 2026, as stated in the company update. The current analyst view therefore sits alongside a clearly dated reporting event.

Comparison with peers

British Land: P/E 9.18, market capitalization GBP 4.3 billion

Land Securities (LSE, GBp): plus 2.52 percent, P/E 14.16, market capitalization GBP 5.4 billion

Hammerson (LSE, GBp): plus 2.03 percent, P/E 8.55, market capitalization GBP 2.0 billion

Price after the Xetra session

The euro quotation was at EUR 4.98 at Lang & Schwarz on October 15, 2026 at 10:06 p.m. CEST, in after-hours trading. The LSE price was last at GBp 422.40 on the same date at 4:35 p.m. London time.

The further course of trading is shown by the continuously updated real-time quote of British Land stock.