Land Securities Group Upgraded to “Buy” at Jefferies Group (LAND)
Land Securities Group (LON:LAND) was upgraded by stock analysts at Jefferies Group to a “buy” rating in a report issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a GBX 1,112 ($18.33) target price on the stock, up from their previous target price of GBX 1,021 ($16.83). Jefferies Group’s price target would indicate a potential upside of 10.54% from the company’s current price.
Shares of Land Securities Group (LON:LAND) traded up 1.67% on Wednesday, hitting GBX 1006.0001. 1,889,154 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 1010.00. The stock’s 50-day moving average is GBX 955.2 and its 200-day moving average is GBX 942.2. The company’s market cap is £7.891 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Kempen & Co reiterated an “overweight” rating on shares of Land Securities Group in a research note to investors on Wednesday, January 8th. They now have a GBX 1,090 ($17.96) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Land Securities Group in a research note to investors on Wednesday, January 8th. They now have a GBX 1,056 ($17.40) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Land Securities Group in a research note to investors on Friday, December 20th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 967.99 ($15.95).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.