Land Securities Group Price Target Increased to GBX 935 by Analysts at Numis Securities Ltd (LAND)
Stock analysts at Numis Securities Ltd raised their target price on shares of Land Securities Group (LON:LAND) from GBX 870 ($13.60) to GBX 935 ($14.62) in a report issued on Tuesday, ARN reports. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s target price suggests a potential upside of 4.64% from the company’s current price.
A number of other analysts have also recently weighed in on LAND. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Land Securities Group (LON:LAND) in a research note to investors on Monday. They now have a GBX 1,000 ($15.63) price target on the stock. Separately, analysts at Deutsche Bank downgraded shares of Land Securities Group (LON:LAND) from a “hold” rating to a “sell” rating in a research note to investors on Tuesday, September 3rd. They now have a GBX 750 ($11.73) price target on the stock, down previously from GBX 980 ($15.32). Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Land Securities Group (LON:LAND) from GBX 1,110 ($17.35) to GBX 1,040 ($16.26) in a research note to investors on Tuesday, September 3rd. They now have an “overweight” rating on the stock.
Two analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 955.20 ($14.93).
Land Securities Group (LON:LAND) opened at 912.00 on Tuesday. Land Securities Group has a 1-year low of GBX 746.00 and a 1-year high of GBX 1006.00. The stock has a 50-day moving average of GBX 914.4 and a 200-day moving average of GBX 893.7. The company’s market cap is £7.118 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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