Land Securities Gp (LSGOF) Rating Increased to Buy at Zacks Investment Research

Land Securities Gp (NASDAQ:LSGOF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The brokerage presently has a $14.00 target price on the stock.

According to Zacks, “Land Securities Group PLC is a real estate company. Its portfolio primarily includes office buildings, shopping and leisure destinations. Land Securities Group PLC is based in London, the United Kingdom. “

Several other brokerages also recently commented on LSGOF. HSBC Holdings plc reaffirmed a “hold” rating on shares of Land Securities Gp in a research note on Wednesday, September 6th. Credit Suisse Group raised shares of Land Securities Gp from a “neutral” rating to an “outperform” rating in a research note on Thursday, June 1st. Finally, J P Morgan Chase & Co downgraded shares of Land Securities Gp from an “overweight” rating to a “neutral” rating in a research note on Friday, May 19th.

Land Securities Gp (LSGOF) traded up 1.56% during midday trading on Tuesday, hitting $13.05. 875 shares of the stock traded hands. The stock’s 50-day moving average price is $13.07 and its 200 day moving average price is $13.48. The company has a market capitalization of $10.31 billion and a price-to-earnings ratio of 70.92. Land Securities Gp has a 52 week low of $11.70 and a 52 week high of $14.55.

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