Land Securities Group plc Receives Buy Rating from Jefferies Group (LAND)
Land Securities Group plc (LON:LAND)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Group in a research note issued to investors on Tuesday. They currently have a GBX 1,216 ($20.40) target price on the stock. Jefferies Group’s target price would suggest a potential upside of 15.70% from the company’s current price.
A number of other analysts have also recently weighed in on LAND. 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 Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group plc in a research note on Tuesday, July 22nd. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. Land Securities Group plc currently has an average rating of “Hold” and a consensus price target of GBX 1,088.64 ($18.26).
Shares of Land Securities Group plc (LON:LAND) traded down 0.67% on Tuesday, hitting GBX 1044.00. 1,312,506 shares of the company’s stock traded hands. Land Securities Group plc has a one year low of GBX 864.0001 and a one year high of GBX 1111.00. The stock has a 50-day moving average of GBX 1035. and a 200-day moving average of GBX 1049.. The company’s market cap is £8.223 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 10th. Stockholders 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 Securities Group PLC is a real estate investment trust (LON:LAND).
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