Land Securities Group plc Receives Consensus Recommendation of “Hold” from Analysts (LON:LAND)
Land Securities Group plc (LON:LAND) has been given an average recommendation of “Hold” by the seventeen analysts that are currently covering the company, Analyst Ratings Net reports. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,088.64 ($18.32).
Shares of Land Securities Group plc (LON:LAND) traded down 0.68% during mid-day trading on Friday, hitting GBX 1028.00. The stock had a trading volume of 558,349 shares. Land Securities Group plc has a 52 week low of GBX 864.0001 and a 52 week high of GBX 1111.00. The stock has a 50-day moving average of GBX 1033.68 and a 200-day moving average of GBX 1049.. The company’s market cap is £8.097 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 10th. Shareholders of record on Wednesday, September 10th will be paid a dividend of GBX 7.90 ($0.13) per share. This represents a dividend yield of 0.77%. The ex-dividend date is Wednesday, September 10th.
LAND has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Land Securities Group plc in a research note on Thursday, July 31st. They now have a GBX 1,200 ($20.19) 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, July 28th. They now have a GBX 1,124 ($18.91) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Land Securities Group plc in a research note on Monday, July 28th. They now have a GBX 1,216 ($20.46) price target on the stock.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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