Land Securities Group (LON:LAND)‘s stock had its “underweight” rating reaffirmed by research analysts at Barclays in a research report issued on Thursday. They currently have a GBX 920 ($12.71) price objective on the stock. Barclays’ price target suggests a potential downside of 0.22% from the stock’s current price.
Several other research firms have also recently weighed in on LAND. Credit Suisse Group cut Land Securities Group to a “neutral” rating and dropped their price objective for the stock from GBX 1,140.74 ($15.76) to GBX 1,035 ($14.30) in a report on Wednesday, December 6th. Liberum Capital restated a “hold” rating and issued a GBX 1,120 ($15.47) target price on shares of Land Securities Group in a research note on Friday, December 15th. Jefferies Group restated a “hold” rating and issued a GBX 875 ($12.09) target price on shares of Land Securities Group in a research note on Wednesday, November 15th. Peel Hunt restated an “add” rating and issued a GBX 1,150 ($15.89) target price on shares of Land Securities Group in a research note on Tuesday, November 14th. Finally, JPMorgan Chase & Co. upgraded Land Securities Group to an “overweight” rating and set a GBX 1,200 ($16.58) target price for the company in a research note on Monday, January 15th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,046.75 ($14.46).
Shares of Land Securities Group (LON LAND) opened at GBX 922 ($12.74) on Thursday. Land Securities Group has a fifty-two week low of GBX 912 ($12.60) and a fifty-two week high of GBX 1,141 ($15.76). The firm has a market capitalization of $6,840.00 and a P/E ratio of 3,841.67.
Land Securities Group 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.
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