Land Securities Group Stock Rating Reaffirmed by JPMorgan Chase & Co. (LAND)
Land Securities Group (LON:LAND)‘s stock had its “overweight” rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,040 ($16.26) price target on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 14.47% from the stock’s previous close.
Shares of Land Securities Group (LON:LAND) opened at 912.50 on Friday. The stock’s 50-day moving average is GBX 911.2 and its 200-day moving average is GBX 894.8. The company’s market cap is £7.122 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd raised their price target on shares of Land Securities Group (LON:LAND) from GBX 870 ($13.60) to GBX 935 ($14.62) in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Separately, 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. Finally, 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).
Two analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 955.20 ($14.93).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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