Land Securities Group plc PT Raised to GBX 870 at Deutsche Bank (LAND)
Investment analysts at Deutsche Bank lifted their price target on shares of Land Securities Group plc (LON:LAND) from GBX 770 ($13.07) to GBX 870 ($14.77) in a note issued to investors on Tuesday. The firm currently has a “sell” rating on the stock. Deutsche Bank’s price target would indicate a potential downside of 14.71% from the company’s current price.
Land Securities Group plc (LON:LAND) traded down 0.97% on Tuesday, hitting GBX 1020.00. The stock had a trading volume of 1,831,020 shares. Land Securities Group plc has a 1-year low of GBX 845.00 and a 1-year high of GBX 1111.00. The stock has a 50-day moving average of GBX 1068. and a 200-day moving average of GBX 1031.. The company’s market cap is £8.034 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, July 22nd. Shareholders of record on Wednesday, June 18th will be given a dividend of GBX 7.90 ($0.13) per share. This represents a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, June 18th.
A number of other analysts have also recently weighed in on LAND. Analysts at Jefferies Group reiterated a “hold” rating on shares of Land Securities Group plc in a research note on Monday. They now have a GBX 1,165 ($19.78) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Land Securities Group plc in a research note on Monday, June 2nd. They now have a GBX 1,124 ($19.08) price target on the stock, up previously from GBX 1,097 ($18.62). Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company’s stock. Land Securities Group plc currently has a consensus rating of “Hold” and a consensus price target of GBX 1,054.56 ($17.90).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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