Land Securities Group Receives Overweight Rating from JPMorgan Chase & Co. (LAND)
Land Securities Group (LON:LAND)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a report released on Thursday, AR Network reports. They currently have a GBX 1,100 ($18.06) target price on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 5.06% from the stock’s previous close.
A number of other firms have also recently commented on LAND. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Land Securities Group in a research note to investors on Thursday. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group in a research note to investors on Thursday. They now have a GBX 770 ($12.64) price target on the stock. Finally, analysts at Liberum Capital raised their price target on shares of Land Securities Group from GBX 1,056 ($17.33) to GBX 1,068 ($17.53) in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 983.35 ($16.14).
Shares of Land Securities Group (LON:LAND) remained flat at GBX 1047.00 during during mid-day trading trading on Thursday. 2,057,885 shares of the company’s stock traded hands. Land Securities Group has a one year low of GBX 798.00 and a one year high of GBX 1049.00. The stock’s 50-day moving average is GBX 968.9 and its 200-day moving average is GBX 947.1. The company’s market cap is £8.213 billion.
The company also recently declared a dividend, which is scheduled for Friday, April 11th. Shareholders of record on Wednesday, March 12th will be given a dividend of GBX 7.60 ($0.12) per share. This represents a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, March 12th.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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