Deutsche Bank Reiterates Sell Rating for Land Securities Group (LAND)
Land Securities Group (LON:LAND)‘s stock had its “sell” rating reaffirmed by research analysts at Deutsche Bank in a report released on Thursday, ARN reports. They currently have a GBX 750 ($12.13) price target on the stock. Deutsche Bank’s target price points to a potential downside of 24.01% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Land Securities Group in a research note to investors on Monday, October 14th. They now have a GBX 992 ($16.04) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Land Securities Group in a research note to investors on Thursday, October 10th. They now have a GBX 849 ($13.73) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Land Securities Group in a research note to investors on Tuesday, October 8th. They now have a GBX 750 ($12.13) 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 stock. Land Securities Group presently has a consensus rating of “Hold” and a consensus price target of GBX 934.65 ($15.11).
Shares of Land Securities Group (LON:LAND) opened at 989.5001 on Thursday. Land Securities Group has a 1-year low of GBX 746.00 and a 1-year high of GBX 1006.0001. The stock’s 50-day moving average is GBX 919.8 and its 200-day moving average is GBX 913.0. The company’s market cap is £7.723 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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