Re: NEW ARTICLE: Trends and Targets for ... Highest closing price since Apr 2008 of 777p on Tue. The upward trend still seems to be in place with good news flow on rents for BLND. Over the last 2 years trend has been 16.1% pa and rising. IMO still a buy on dips and a hold at current price. Good one to hold in an ISA as tax advantage with REITs.The recent fall in stamp duty for lower priced properties particularly helpful for house builders. Hence PSN up 3% today close to all time high. Not a time to be out of that sector IMO.
Re: NEW ARTICLE: Trends and Targets for ... Now up to 778.Perhaps now might be a sell if you want to re-think earlier recs.
Re: Liberum not sure if I should sell now....really nice regular dividends but I am up 50% on capital value and aware that holding on is sometimes a folly - (BP for instance I could have traded 100's of times but instead just held and lost out on lots of smaller packets of profit.
Liberum "British Land downgraded as Liberum waits for cheaper entry pointUpgrades at British Land (BLND) have already been priced in, according to Liberum, which has downgraded its rating of the real estate investment trust.Liberum analyst Michael Burt downgraded his recommendation from buy to hold but increased the target price from 788p to 791p on the company, which boasts Londons Leadenhall building in its portfolio. The shares were trading at 747p yesterday.Lower yields drive c.4-5% net asset value upgrades for the UK majors, but with the share up >20% year to date this already feels in the price, he said.Valuations still sit close to net asset value and with returns peaking in our full-year 2015 estimated forecasts we downgrade British Land to hold. To be a buyer requires yields to stay lower for longer, and/or a cut to our return requirements.This feels at odds with a maturing property cycle and we would wait for a better entry point. "From Citywire.
HALF year results Good first half year results out today , London is looking stronger than ever . K.C.M.