Land Securities Group plc (LON:LAND) had its price objective boosted by HSBC from GBX 1,078 ($14.07) to GBX 1,210 ($15.79) in a research report sent to investors on Friday morning. They currently have a buy rating on the stock.
A number of other analysts have also commented on LAND. Credit Suisse Group AG upped their price objective on shares of Land Securities Group plc from GBX 1,075 ($14.03) to GBX 1,185 ($15.47) and gave the company a neutral rating in a research note on Friday, June 17th. BNP Paribas reaffirmed an outperform rating and set a GBX 1,260 ($16.45) price objective on shares of Land Securities Group plc in a research note on Monday, June 20th. JPMorgan Chase & Co. reduced their price objective on shares of Land Securities Group plc from GBX 1,500 ($19.58) to GBX 1,450 ($18.93) and set an overweight rating for the company in a research note on Wednesday, June 22nd. Deutsche Bank AG reduced their price target on shares of Land Securities Group plc from GBX 1,450 ($18.93) to GBX 1,370 ($17.88) and set a buy rating for the company in a research report on Friday, June 24th. Finally, Goldman Sachs Group Inc. reduced their price target on shares of Land Securities Group plc from GBX 1,410 ($18.40) to GBX 1,200 ($15.66) and set a neutral rating for the company in a research report on Wednesday, June 29th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 1,189.05 ($15.52).
Land Securities Group plc (LON:LAND) opened at 1022.00 on Friday. The firm’s market capitalization is GBX 8.07 billion. Land Securities Group plc has a 52-week low of GBX 810.00 and a 52-week high of GBX 1,355.00. The stock’s 50 day moving average is GBX 1,063.94 and its 200-day moving average is GBX 1,095.07.
In other news, insider Noel,Robert sold 13,939 shares of the firm’s stock in a transaction on Friday, July 8th. The shares were sold at an average price of GBX 962 ($12.56), for a total value of £134,093.18 ($175,033.52).
About Land Securities Group plc
Land Securities Group PLC is a United Kingdom-based holding company. The Company is a real estate investment trust (REIT). The Company operates through two segments: Retail Portfolio and London Portfolio. The Company’s Retail Portfolio includes all the shopping centers and shops (excluding central London shops), hotels and leisure assets, and retail warehouse properties.
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