Land Securities Group plc Stock Rating Reaffirmed by Jefferies Group (LAND)
Land Securities Group plc (LON:LAND)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,112 ($18.24) price target on the stock. Jefferies Group’s target price indicates a potential upside of 6.79% from the company’s current price.
A number of other analysts have also recently weighed in on LAND. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group plc in a research note on Friday, February 7th. They now have a GBX 770 ($12.63) price target on the stock. Separately, analysts at Barclays raised their price target on shares of Land Securities Group plc from GBX 935 ($15.34) to GBX 1,246 ($20.44) in a research note on Tuesday, February 4th. They now have an “overweight” rating on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Land Securities Group plc in a research note on Friday, January 31st. They now have a GBX 1,150 ($18.87) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company. Land Securities Group plc currently has an average rating of “Hold” and an average target price of GBX 1,020.61 ($16.74).
Shares of Land Securities Group plc (LON:LAND) traded down 0.64% during mid-day trading on Friday, hitting GBX 1041.288. The stock had a trading volume of 1,732,532 shares. Land Securities Group plc has a 1-year low of GBX 802.0001 and a 1-year high of GBX 1070.00. The stock’s 50-day moving average is GBX 1009. and its 200-day moving average is GBX 955.5. The company’s market cap is £8.168 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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