Barclays reissued their underweight rating on shares of Land Securities Group (LON:LAND) in a report released on Thursday morning. Barclays currently has a GBX 920 ($12.71) price objective on the stock.
A number of other analysts have also commented on the company. Jefferies Group reaffirmed a hold rating and set a GBX 860 ($11.88) price objective on shares of Land Securities Group in a research note on Thursday, January 18th. Peel Hunt reaffirmed a hold rating and set a GBX 950 ($13.13) price objective on shares of Land Securities Group in a research note on Wednesday, January 17th. JPMorgan Chase & Co. raised Land Securities Group to an overweight rating and set a GBX 1,200 ($16.58) price objective on the stock in a research note on Monday, January 15th. Liberum Capital raised Land Securities Group to a buy rating and increased their price objective for the company from GBX 1,050 ($14.51) to GBX 1,125 ($15.54) in a research note on Monday, January 8th. Finally, Credit Suisse Group lowered Land Securities Group to a neutral rating and decreased their price objective for the company from GBX 1,140.74 ($15.76) to GBX 1,035 ($14.30) in a research note on Wednesday, December 6th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 1,046.75 ($14.46).
Shares of Land Securities Group (LON LAND) opened at GBX 949.40 ($13.12) on Thursday. The company has a market capitalization of $7,040.00 and a price-to-earnings ratio of 3,955.83. Land Securities Group has a 52 week low of GBX 912 ($12.60) and a 52 week high of GBX 1,141 ($15.76).
In other Land Securities Group news, insider Martin F. Greenslade bought 8,000 shares of Land Securities Group stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average cost of GBX 924 ($12.77) per share, for a total transaction of £73,920 ($102,127.66).
Land Securities Group 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 the 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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