Land Securities Group plc Receives Average Recommendation of “Hold” from Analysts (LON:LAND)
Land Securities Group plc (LON:LAND) has earned an average recommendation of “Hold” from the seventeen ratings firms that are currently covering the stock, AR Network reports. Three equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,088.64 ($18.26).
Land Securities Group plc (LON:LAND) opened at 1051.00 on Friday. Land Securities Group plc has a 52 week low of GBX 864.0001 and a 52 week high of GBX 1111.00. The stock’s 50-day moving average is GBX 1035. and its 200-day moving average is GBX 1050.. The company’s market cap is £8.278 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 10th. Shareholders of record on Wednesday, September 10th will be given a dividend of GBX 7.90 ($0.13) per share. This represents a yield of 0.77%. The ex-dividend date of this dividend is Wednesday, September 10th.
Several analysts have recently commented on the stock. 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 ($20.13) 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 ($18.86) 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 ($20.40) price target on the stock.
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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