Galvan Research Reiterates “Sell” Rating for Land Securities Group (LAND)
Land Securities Group (LON:LAND)‘s stock had its “sell” rating reiterated by stock analysts at Galvan Research in a report issued on Monday, American Banking News.com reports. They currently have a GBX 850 ($13.64) price target on the stock. Galvan Research’s price objective indicates a potential downside of 7.66% from the stock’s previous close.
Land Securities Group (LON:LAND) opened at 916.50 on Monday. Land Securities Group has a one year low of GBX 746.00 and a one year high of GBX 1006.0001. The stock has a 50-day moving average of GBX 908. and a 200-day moving average of GBX 898.2. The company’s market cap is £7.153 billion.
LAND has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Land Securities Group in a research note to investors on Tuesday, October 1st. They now have a GBX 1,050 ($16.85) price target on the stock. Separately, analysts at Societe Generale cut their price target on shares of Land Securities Group from GBX 1,000 ($16.04) to GBX 960 ($15.40) in a research note to investors on Tuesday, October 1st. They now have a “hold” rating on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Land Securities Group in a research note to investors on Thursday, September 26th. They now have a GBX 853 ($13.69) price target on the stock. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. Land Securities Group has an average rating of “Hold” and an average target price of GBX 939.45 ($15.07).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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