Land Securities Group plc (LON:LAND)‘s stock had its “sell” rating reiterated by stock analysts at Liberum Capital in a research report issued on Monday. They currently have a GBX 925 ($12.07) price target on the stock. Liberum Capital’s target price would indicate a potential downside of 12.57% from the company’s current price.
Several other analysts also recently weighed in on the company. Deutsche Bank AG reaffirmed a “hold” rating on shares of Land Securities Group plc in a research note on Monday. HSBC lifted their price target on Land Securities Group plc from GBX 1,078 ($14.07) to GBX 1,210 ($15.79) and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. lowered their price target on Land Securities Group plc from GBX 1,450 ($18.93) to GBX 1,325 ($17.30) and set an “overweight” rating on the stock in a research report on Tuesday, September 6th. BNP Paribas reiterated an “underperform” rating and set a GBX 890 ($11.62) price target on shares of Land Securities Group plc in a research report on Thursday, September 1st. Finally, Morgan Stanley lifted their price target on Land Securities Group plc from GBX 960 ($12.53) to GBX 1,080 ($14.10) and gave the company an “equal weight” rating in a research report on Wednesday, August 31st. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 1,184.84 ($15.47).
Land Securities Group plc (LON:LAND) opened at 1050.00 on Monday. 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 market capitalization is GBX 8.29 billion. The company’s 50-day moving average price is GBX 1,069.16 and its 200 day moving average price is GBX 1,095.56.
In related news, insider Noel,Robert sold 13,939 shares of Land Securities Group plc stock in a transaction on Friday, July 8th. The stock was sold at an average price of GBX 962 ($12.56), for a total transaction of £134,093.18 ($175,033.52).
Land Securities Group plc Company Profile
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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