Land Securities Group plc’s (LAND) Hold Rating Reaffirmed at Deutsche Bank AG
Land Securities Group plc (LON:LAND)‘s stock had its “hold” rating restated by Deutsche Bank AG in a research report issued to clients and investors on Monday. They currently have a GBX 1,000 ($13.05) price objective on the stock. Deutsche Bank AG’s target price points to a potential upside of 1.42% from the stock’s current price.
Other research analysts also recently issued reports about the company. BNP Paribas reissued an “underperform” rating and issued a GBX 890 ($11.62) price objective on shares of Land Securities Group plc in a research note on Thursday, September 1st. Societe Generale lowered Land Securities Group plc to a “hold” rating and set a GBX 1,070 ($13.97) price objective on the stock. in a report on Tuesday, July 5th. Jefferies Group reissued a “hold” rating and set a GBX 975 ($12.73) price objective on shares of Land Securities Group plc in a report on Friday, August 19th. Goldman Sachs Group Inc. decreased their price objective on Land Securities Group plc from GBX 1,410 ($18.40) to GBX 1,200 ($15.66) and set a “neutral” rating on the stock in a report on Wednesday, June 29th. Finally, Credit Suisse Group AG decreased their price objective on Land Securities Group plc from GBX 1,185 ($15.47) to GBX 855 ($11.16) and set a “neutral” rating on the stock in a report on Tuesday, June 28th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,189.05 ($15.52).
Land Securities Group plc (LON:LAND) traded down 2.6654% during trading on Monday, hitting GBX 989.4894. The stock had a trading volume of 5,029,517 shares. Land Securities Group plc has a 52 week low of GBX 810.00 and a 52 week high of GBX 1,355.00. The company’s 50-day moving average is GBX 1,060.41 and its 200 day moving average is GBX 1,093.73. The firm’s market cap is GBX 7.81 billion.
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About Land Securities Group plc
Land Securities Group PLC is a United Kingdom-based holding company. The Company is a real estate investment trust (REIT). The Company operates through two segments: Retail Portfolio and London Portfolio. The Company’s Retail Portfolio includes all the shopping centers and shops (excluding central London shops), hotels and leisure assets, and retail warehouse properties.
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