Land Securities Group’s Sell Rating Reaffirmed at Deutsche Bank (LAND)
Land Securities Group (LON:LAND)‘s stock had its “sell” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports. They currently have a GBX 770 ($12.64) target price on the stock. Deutsche Bank’s price target indicates a potential downside of 26.46% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Land Securities Group in a research note to investors on Tuesday. They now have a GBX 1,117 ($18.34) price target on the stock. Finally, 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. 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 stock. The stock has an average rating of “Hold” and a consensus target price of GBX 983.35 ($16.14).
Land Securities Group (LON:LAND) remained flat at GBX 1047.00 during during mid-day trading trading on Thursday. The stock had a trading volume of 2,057,885 shares. Land Securities Group has a 52-week low of GBX 798.00 and a 52-week high of GBX 1049.00. The stock has a 50-day moving average of GBX 966.0 and a 200-day moving average of GBX 946.4. The company’s market cap is £8.213 billion.
The company also recently announced a dividend, which is scheduled for Friday, April 11th. Stockholders of record on Wednesday, March 12th will be paid a dividend of GBX 7.60 ($0.12) per share. This represents a dividend yield of 0.73%. The ex-dividend date is Wednesday, March 12th.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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