Land Securities Group plc (LON:LAND)‘s stock had its “hold” rating restated by investment analysts at Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 1,077 ($14.31) target price on the stock. Numis Securities Ltd’s target price points to a potential upside of 10.46% from the company’s previous close.

A number of other brokerages have also recently commented on LAND. Liberum Capital increased their price target on shares of Land Securities Group plc from GBX 1,000 ($13.29) to GBX 1,050 ($13.95) and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Credit Suisse Group reiterated an “outperform” rating and set a GBX 1,140 ($15.15) price target on shares of Land Securities Group plc in a research report on Wednesday, September 13th. Deutsche Bank AG increased their price target on shares of Land Securities Group plc from GBX 1,000 ($13.29) to GBX 1,050 ($13.95) and gave the company a “hold” rating in a research report on Monday, September 11th. HSBC Holdings plc cut shares of Land Securities Group plc to a “hold” rating and reduced their price target for the company from GBX 1,210 ($16.08) to GBX 1,081 ($14.36) in a research report on Wednesday, September 6th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a GBX 1,114 ($14.80) price target on shares of Land Securities Group plc in a research report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. Land Securities Group plc has a consensus rating of “Hold” and an average target price of GBX 1,109 ($14.74).

Shares of Land Securities Group plc (LAND) traded down 1.32% during midday trading on Thursday, hitting GBX 975.00. 3,116,262 shares of the company traded hands. Land Securities Group plc has a 52 week low of GBX 933.00 and a 52 week high of GBX 1,141.00. The stock’s market capitalization is GBX 7.22 billion. The stock has a 50 day moving average of GBX 1,020.31 and a 200-day moving average of GBX 1,098.85.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/10/22/land-securities-group-plc-land-earns-hold-rating-from-numis-securities-ltd.html.

In other Land Securities Group plc news, insider Alison J. Carnwath purchased 10,050 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The stock was bought at an average price of GBX 978 ($12.99) per share, with a total value of £98,289 ($130,599.26).

Land Securities Group plc Company Profile

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 the 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.

Analyst Recommendations for Land Securities Group plc (LON:LAND)

Receive News & Ratings for Land Securities Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Land Securities Group plc and related companies with MarketBeat.com's FREE daily email newsletter.