Land Securities Group Given Outperform Rating at BNP Paribas (LAND)
Land Securities Group (LON:LAND)‘s stock had its “outperform” rating reiterated by research analysts at BNP Paribas in a report released on Friday, Analyst RN reports. They currently have a GBX 1,150 ($18.95) price objective on the stock. BNP Paribas’ price objective indicates a potential upside of 11.76% from the stock’s previous close.
Shares of Land Securities Group (LON:LAND) opened at 1029.00 on Friday. Land Securities Group has a 52 week low of GBX 798.00 and a 52 week high of GBX 1070.00. The stock has a 50-day moving average of GBX 983.1 and a 200-day moving average of GBX 950.1. The company’s market cap is £8.071 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 ($0.13) per share. This represents a dividend yield of 0.73%. The ex-dividend date is Wednesday, March 12th.
A number of other analysts have also recently weighed in on LAND. Analysts at Goldman Sachs Group Inc. upgraded shares of Land Securities Group to a “buy” rating in a research note to investors on Monday, January 27th. They now have a GBX 1,158 ($19.08) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Land Securities Group in a research note to investors on Friday, January 24th. They now have a GBX 1,112 ($18.32) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Land Securities Group in a research note to investors on Thursday, January 23rd. They now have a GBX 1,100 ($18.12) price target on the stock. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,007.35 ($16.60).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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