Land Securities Group plc Rating Reiterated by Deutsche Bank (LAND)
Land Securities Group plc (LON:LAND)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 770 ($12.90) price target on the stock. Deutsche Bank’s price target indicates a potential downside of 29.55% from the stock’s previous close.
LAND has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Land Securities Group plc in a research note on Monday, February 17th. They now have a GBX 1,068 ($17.90) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Land Securities Group plc in a research note on Friday, February 14th. They now have a GBX 1,112 ($18.64) price target on the stock. Finally, analysts at Barclays raised their price target on shares of Land Securities Group plc from GBX 935 ($15.67) to GBX 1,246 ($20.88) in a research note on Tuesday, February 4th. They now have an “overweight” rating on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. Land Securities Group plc currently has a consensus rating of “Hold” and an average target price of GBX 1,020.61 ($17.10).
Land Securities Group plc (LON:LAND) opened at 1093.00 on Friday. Land Securities Group plc has a 52 week low of GBX 802.0001 and a 52 week high of GBX 1103.00. The stock has a 50-day moving average of GBX 1027. and a 200-day moving average of GBX 960.7. The company’s market cap is £8.573 billion.
The company also recently declared a dividend, which is scheduled for Friday, April 11th. Stockholders of record on Wednesday, March 12th will be given a dividend of GBX 7.60 ($0.13) 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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