Land Securities Group plc (LAND) Given “Sell” Rating at Liberum Capital
Liberum Capital reissued their sell rating on shares of Land Securities Group plc (LON:LAND) in a report published on Monday morning. Liberum Capital currently has a GBX 925 ($12.07) target price on the stock.
Other equities analysts have also recently issued research reports about the company. Peel Hunt cut Land Securities Group plc to an add rating in a report on Monday, July 25th. Deutsche Bank AG dropped their price objective on Land Securities Group plc from GBX 1,450 ($18.93) to GBX 1,370 ($17.88) and set a buy rating for the company in a report on Friday, June 24th. HSBC boosted their price objective on Land Securities Group plc from GBX 1,078 ($14.07) to GBX 1,210 ($15.79) and gave the company a buy rating in a report on Friday. Morgan Stanley boosted their price objective on Land Securities Group plc from GBX 960 ($12.53) to GBX 1,080 ($14.10) and gave the company an equal weight rating in a report on Wednesday, August 31st. Finally, Societe Generale cut Land Securities Group plc to a hold rating and set a GBX 1,070 ($13.97) price objective for the company. in a report on Tuesday, July 5th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. Land Securities Group plc has a consensus rating of Hold and a consensus target price of GBX 1,189.05 ($15.52).
Shares of Land Securities Group plc (LON:LAND) traded up 0.19% during trading on Monday, hitting GBX 1060.00. The stock had a trading volume of 1,636,382 shares. Land Securities Group plc has a 12 month low of GBX 810.00 and a 12 month high of GBX 1,355.00. The stock has a 50-day moving average price of GBX 1,067.33 and a 200 day moving average price of GBX 1,095.74. The company’s market cap is GBX 8.37 billion.
In other news, insider Noel,Robert sold 13,939 shares of the stock in a transaction dated Friday, July 8th. The stock was sold at an average price of GBX 962 ($12.56), for a total value 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.
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