Land Securities Group plc’s (LAND) “Hold” Rating Reiterated at Deutsche Bank AG
Land Securities Group plc (LON:LAND)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank AG in a report released on Monday.
A number of other equities analysts have also issued reports on LAND. BNP Paribas reiterated an “underperform” rating and set a GBX 890 ($11.62) target price on shares of Land Securities Group plc in a research report on Thursday, September 1st. Societe Generale lowered shares of Land Securities Group plc to a “hold” rating and set a GBX 1,070 ($13.97) target price on the stock. in a research report on Tuesday, July 5th. Jefferies Group reissued a “hold” rating and set a GBX 975 ($12.73) price target on shares of Land Securities Group plc in a research note on Friday, August 19th. Goldman Sachs Group Inc. dropped their price target on shares of Land Securities Group plc from GBX 1,410 ($18.40) to GBX 1,200 ($15.66) and set a “neutral” rating for the company in a research note on Wednesday, June 29th. Finally, Credit Suisse Group AG dropped their price target on shares of Land Securities Group plc from GBX 1,185 ($15.47) to GBX 855 ($11.16) and set a “neutral” rating for the company in a research note on Tuesday, June 28th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,184.84 ($15.47).
Land Securities Group plc (LON:LAND) opened at 1054.5924 on Monday. Land Securities Group plc has a 1-year low of GBX 810.00 and a 1-year high of GBX 1,355.00. The company has a 50-day moving average of GBX 1,069.16 and a 200-day moving average of GBX 1,095.56. The firm’s market cap is GBX 8.33 billion.
In related news, insider Noel,Robert sold 13,939 shares of the stock in a transaction 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 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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