Deutsche Bank AG Raises Land Securities Group plc (LAND) Price Target to GBX 1,050
Land Securities Group plc (LON:LAND) had its price target boosted by Deutsche Bank AG from GBX 1,000 ($12.91) to GBX 1,050 ($13.56) in a research note issued to investors on Monday, MarketBeat reports. The brokerage currently has a hold rating on the stock.
LAND has been the subject of a number of other research reports. HSBC Holdings plc cut shares of Land Securities Group plc to a hold rating and dropped their price objective for the company from GBX 1,210 ($15.63) to GBX 1,081 ($13.96) in a report on Wednesday, September 6th. Numis Securities Ltd restated a hold rating and issued a GBX 1,077 ($13.91) price objective on shares of Land Securities Group plc in a report on Tuesday, September 5th. Peel Hunt restated an add rating and issued a GBX 1,150 ($14.85) price objective on shares of Land Securities Group plc in a report on Thursday, May 18th. Liberum Capital restated a hold rating and issued a GBX 1,000 ($12.91) price objective on shares of Land Securities Group plc in a report on Thursday, July 27th. Finally, J P Morgan Chase & Co cut shares of Land Securities Group plc to a neutral rating and dropped their price objective for the company from GBX 1,250 ($16.14) to GBX 1,200 ($15.50) in a report on Friday, May 19th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. Land Securities Group plc currently has a consensus rating of Hold and an average price target of GBX 1,113.62 ($14.38).
Shares of Land Securities Group plc (LON LAND) opened at 990.50 on Monday. The company’s 50-day moving average is GBX 1,008.56 and its 200-day moving average is GBX 1,050.52. Land Securities Group plc has a 52-week low of GBX 933.00 and a 52-week high of GBX 1,141.00. The stock’s market cap is GBX 7.82 billion.
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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 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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