Land Securities Group plc (LAND) Stock Rating Reaffirmed by BNP Paribas
Land Securities Group plc (LON:LAND)‘s stock had its “underperform” rating restated by BNP Paribas in a report released on Monday. They currently have a GBX 970 ($12.66) target price on the stock. BNP Paribas’ price objective points to a potential downside of 8.32% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the company. Liberum Capital reaffirmed a “sell” rating and issued a GBX 925 ($12.07) target price on shares of Land Securities Group plc in a research report on Monday. Deutsche Bank AG reaffirmed a “hold” rating on shares of Land Securities Group plc in a research report on Monday. HSBC upped their target price on Land Securities Group plc from GBX 1,078 ($14.07) to GBX 1,210 ($15.79) and gave the stock a “buy” rating in a research report on Friday. JPMorgan Chase & Co. decreased their target price on Land Securities Group plc from GBX 1,450 ($18.93) to GBX 1,325 ($17.30) and set an “overweight” rating for the company in a research report on Tuesday, September 6th. Finally, Morgan Stanley upped their target price on Land Securities Group plc from GBX 960 ($12.53) to GBX 1,080 ($14.10) and gave the stock an “equal weight” rating in a research report on Wednesday, August 31st. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 1,189.05 ($15.52).
Land Securities Group plc (LON:LAND) opened at 1053.00 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 firm’s market cap is GBX 8.31 billion. The firm’s 50-day moving average price is GBX 1,069.16 and its 200 day moving average price is GBX 1,095.56.
In other news, insider Noel,Robert sold 13,939 shares of the stock in a transaction that occurred 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).
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 & Stock 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 stocks with our FREE daily email newsletter.