Land Securities Group Stock Rating Reaffirmed by Goldman Sachs Group Inc. (LAND)
Land Securities Group (LON:LAND)‘s stock had its “sell” rating reiterated by equities researchers at Goldman Sachs Group Inc. in a research report issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 750 ($12.03) price target on the stock. Goldman Sachs Group Inc.’s price objective suggests a potential downside of 18.17% from the stock’s previous close.
Shares of Land Securities Group (LON:LAND) traded up 0.11% on Tuesday, hitting GBX 916.50. 856,037 shares of the company’s stock traded hands. Land Securities Group has a 52 week low of GBX 746.00 and a 52 week 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.
A number of other analysts have also recently weighed in on LAND. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Land Securities Group in a research note to investors on Tuesday. They now have a GBX 1,040 ($16.69) price target on the stock. Separately, 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. Finally, 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. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company. Land Securities Group currently has a consensus rating of “Hold” and an average target price of GBX 928.92 ($14.90).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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