Zacks Investment Research Lowers Land Securities Gp (LSGOF) to Hold
Land Securities Gp (NASDAQ:LSGOF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Saturday.
According to Zacks, “Land Securities Group PLC is a real estate company. Its portfolio primarily includes office buildings, shopping and leisure destinations. Land Securities Group PLC is based in London, the United Kingdom. “
Several other research firms also recently commented on LSGOF. HSBC Holdings plc reissued a “hold” rating on shares of Land Securities Gp in a report on Wednesday. Credit Suisse Group raised shares of Land Securities Gp from a “neutral” rating to an “outperform” rating in a report on Thursday, June 1st. Finally, J P Morgan Chase & Co downgraded shares of Land Securities Gp from an “overweight” rating to a “neutral” rating in a report on Friday, May 19th.
Shares of Land Securities Gp (NASDAQ:LSGOF) opened at 13.05 on Friday. The company has a market cap of $10.31 billion and a price-to-earnings ratio of 70.92. The firm’s 50-day moving average price is $13.08 and its 200 day moving average price is $13.47. Land Securities Gp has a 52 week low of $11.70 and a 52 week high of $14.80.
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