Land Securities Group plc (LON:LAND) has been assigned a consensus recommendation of “Hold” from the twenty ratings firms that are currently covering the firm. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 1,163.41 ($15.19).
LAND has been the topic of a number of analyst reports. Deutsche Bank AG cut shares of Land Securities Group plc to a “hold” rating and decreased their price objective for the company from GBX 1,370 ($17.88) to GBX 1,000 ($13.05) in a research report on Tuesday, September 13th. Barclays PLC upgraded shares of Land Securities Group plc to an “overweight” rating and decreased their price objective for the company from GBX 1,370 ($17.88) to GBX 1,230 ($16.06) in a research report on Thursday, July 7th. Liberum Capital restated a “sell” rating and issued a GBX 925 ($12.07) price objective on shares of Land Securities Group plc in a research report on Thursday, July 21st. Numis Securities Ltd cut shares of Land Securities Group plc to a “hold” rating and decreased their price objective for the company from GBX 1,310 ($17.10) to GBX 1,128 ($14.72) in a research report on Tuesday, August 16th. Finally, Societe Generale cut shares of Land Securities Group plc to a “hold” rating and set a GBX 1,070 ($13.97) price objective on the stock. in a research report on Tuesday, July 5th.
In other news, insider Noel,Robert sold 13,939 shares of the business’s stock in a transaction that occurred on Friday, July 8th. The shares were 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 (LON:LAND) traded down 0.38% during midday trading on Tuesday, reaching GBX 1054.00. 3,428,129 shares of the company’s stock traded hands. The firm’s 50-day moving average is GBX 1,067.33 and its 200 day moving average is GBX 1,095.74. Land Securities Group plc has a 52-week low of GBX 810.00 and a 52-week high of GBX 1,355.00. The firm’s market cap is GBX 8.32 billion.
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.
Receive News & Ratings for Land Securities Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Land Securities Group plc and related companies with MarketBeat.com's FREE daily email newsletter.