Land Securities Group (LON:LAND) was upgraded by equities researchers at Liberum Capital to a “buy” rating in a research note issued to investors on Monday. The firm presently has a GBX 1,125 ($15.26) price objective on the stock, up from their prior price objective of GBX 1,050 ($14.24). Liberum Capital’s price target indicates a potential upside of 13.74% from the company’s current price.

A number of other brokerages also recently commented on LAND. Credit Suisse Group downgraded Land Securities Group to a “neutral” rating and lowered their price objective for the stock from GBX 1,140.74 ($15.47) to GBX 1,035 ($14.04) in a research report on Wednesday, December 6th. Jefferies Group restated a “hold” rating and set a GBX 875 ($11.87) target price on shares of Land Securities Group in a research note on Wednesday, November 15th. Beaufort Securities restated a “long term buy” rating and set a GBX 1,150 ($15.60) target price on shares of Land Securities Group in a research note on Friday, October 20th. Peel Hunt restated an “add” rating and set a GBX 1,150 ($15.60) target price on shares of Land Securities Group in a research note on Tuesday, November 14th. Finally, Deutsche Bank boosted their target price on Land Securities Group from GBX 1,000 ($13.56) to GBX 1,050 ($14.24) and gave the stock a “hold” rating in a research note on Monday, September 11th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,093.15 ($14.82).

Land Securities Group (LON LAND) opened at GBX 989.10 ($13.41) on Monday. Land Securities Group has a 52-week low of GBX 912 ($12.37) and a 52-week high of GBX 1,141 ($15.47). The company has a market capitalization of $7,390.00 and a PE ratio of 4,121.25.

Land Securities Group (LON:LAND) last announced its quarterly earnings data on Tuesday, November 14th. The company reported GBX 25.70 ($0.35) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 26.60 ($0.36) by GBX (0.90) (($0.01)). Land Securities Group had a negative return on equity of 0.61% and a negative net margin of 8.59%. The company had revenue of £366 million for the quarter.

In other Land Securities Group news, insider Robert Noel acquired 18,365 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were purchased at an average price of GBX 933 ($12.65) per share, with a total value of £171,345.45 ($232,364.32). Also, insider Martin F. Greenslade acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average cost of GBX 924 ($12.53) per share, for a total transaction of £73,920 ($100,244.10).

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About Land Securities Group

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.

Analyst Recommendations for Land Securities Group (LON:LAND)

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