Land Securities Group Receives “Reduce” Rating from AlphaValue (LAND)
Land Securities Group (LON:LAND)‘s stock had its “reduce” rating reiterated by analysts at AlphaValue in a research report issued to clients and investors on Thursday, AR Network reports. They currently have a GBX 849 ($13.62) price objective on the stock. AlphaValue’s price target suggests a potential downside of 7.36% from the stock’s previous close.
A number of other analysts have also recently weighed in on LAND. Analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Land Securities Group in a research note to investors on Tuesday. They now have a GBX 750 ($12.03) price target on the stock. Separately, 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. Finally, 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. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 928.65 ($14.90).
Land Securities Group (LON:LAND) traded up 1.58% on Thursday, hitting GBX 931.0001. The stock had a trading volume of 720,694 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 £7.266 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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