Land Securities Group Price Target Cut to GBX 960 (LAND)
Analysts at Societe Generale dropped their price objective on shares of Land Securities Group (LON:LAND) from GBX 1,000 ($16.13) to GBX 960 ($15.49) in a research report issued to clients and investors on Tuesday, American Banking and Market News reports. The firm currently has a “hold” rating on the stock. Societe Generale’s price target would indicate a potential upside of 4.46% from the stock’s previous close.
A number of other analysts have also recently weighed in on LAND. Analysts at AlphaValue reiterated a “reduce” rating on shares of Land Securities Group (LON:LAND) in a research note to investors on Thursday, September 26th. They now have a GBX 853 ($13.76) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group (LON:LAND) in a research note to investors on Tuesday, September 24th. They now have a GBX 750 ($12.10) price target on the stock. Finally, 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 ($14.55) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 949.45 ($15.32).
Land Securities Group (LON:LAND) opened at 920.00 on Tuesday. Land Securities Group has a 52 week low of GBX 746.00 and a 52 week 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 £7.181 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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