AlphaValue Reiterates “Reduce” Rating for Land Securities Group (LAND)
Land Securities Group (LON:LAND)‘s stock had its “reduce” rating restated by AlphaValue in a research note issued on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 853 ($13.66) price target on the stock. AlphaValue’s target price indicates a potential downside of 7.48% from the company’s current price.
A number of other firms have also recently commented on LAND. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group (LON:LAND) in a research note to investors on Tuesday. They now have a GBX 750 ($12.01) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Land Securities Group (LON:LAND) in a research note to investors on Thursday, September 19th. They now have a GBX 902 ($14.45) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Land Securities Group (LON:LAND) in a research note to investors on Wednesday, September 18th. They now have a GBX 908 ($14.54) price target on the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 952.12 ($15.25).
Shares of Land Securities Group (LON:LAND) traded up 1.46% during mid-day trading on Thursday, hitting GBX 935.4999. 524,693 shares of the company’s stock traded hands. Land Securities Group has a one year low of GBX 746.00 and a one year high of GBX 1006.0001. The stock’s 50-day moving average is GBX 908. and its 200-day moving average is GBX 898.2. The company’s market cap is £7.302 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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