Land Securities Group Receives Neutral Rating from HSBC (LAND)
Land Securities Group (LON:LAND)‘s stock had its “neutral” rating restated by analysts at HSBC in a research report issued to clients and investors on Tuesday, Stock Ratings News reports. They currently have a GBX 1,117 ($18.34) price target on the stock. HSBC’s price target indicates a potential upside of 8.03% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Land Securities Group in a research note to investors on Monday. They now have a GBX 1,150 ($18.88) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Land Securities Group from GBX 1,040 ($17.07) to GBX 1,100 ($18.06) in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Finally, analysts at Jefferies Group upgraded shares of Land Securities Group to a “buy” rating in a research note to investors on Wednesday, January 15th. They now have a GBX 1,112 ($18.25) price target on the stock, up previously from GBX 1,021 ($16.76). Four analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 982.64 ($16.13).
Land Securities Group (LON:LAND) opened at 1039.00 on Tuesday. Land Securities Group has a 1-year low of GBX 746.00 and a 1-year high of GBX 1036.00. The stock has a 50-day moving average of GBX 961.0 and a 200-day moving average of GBX 944.8. The company’s market cap is £8.150 billion.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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