JPMorgan Chase & Co. Reiterates Overweight Rating for Land Securities Group (LAND)
Land Securities Group (LON:LAND)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 1,040 ($16.69) price objective on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 13.48% from the company’s current price.
LAND has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group in a research note to investors on Monday. They now have a GBX 750 ($12.03) price target on the stock. Separately, analysts at Galvan Research reiterated a “sell” rating on shares of Land Securities Group in a research note to investors on Monday. They now have a GBX 850 ($13.64) price target on the stock. Finally, 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. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 928.92 ($14.90).
Shares of Land Securities Group (LON:LAND) traded up 0.11% during mid-day trading on Tuesday, hitting GBX 916.50. The stock had a trading volume of 856,037 shares. 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 £7.153 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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