Brokerages Set Land Securities Group plc (LAND) Target Price at $1,123.71
Shares of Land Securities Group plc (LON:LAND) have been assigned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the stock. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,118.36 ($13.98).
A number of research analysts recently weighed in on LAND shares. Jefferies Group LLC dropped their price objective on shares of Land Securities Group plc from GBX 975 ($12.18) to GBX 950 ($11.87) and set a “hold” rating for the company in a report on Thursday, October 27th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,325 ($16.56) price objective on shares of Land Securities Group plc in a report on Tuesday, November 1st. Liberum Capital upgraded shares of Land Securities Group plc to a “hold” rating and set a GBX 925 ($11.56) price objective for the company in a report on Tuesday, November 1st. Goldman Sachs Group, Inc. (The) dropped their price objective on shares of Land Securities Group plc from GBX 1,200 ($15.00) to GBX 1,175 ($14.68) and set a “neutral” rating for the company in a report on Wednesday, November 2nd. Finally, Peel Hunt restated an “add” rating and issued a GBX 1,170 ($14.62) price objective on shares of Land Securities Group plc in a report on Tuesday, November 15th.
Shares of Land Securities Group plc (LON:LAND) opened at 1052.00 on Tuesday. Land Securities Group plc has a 1-year low of GBX 810.00 and a 1-year high of GBX 1,211.00. The stock has a 50 day moving average of GBX 1,023.47 and a 200-day moving average of GBX 1,029.34. The firm’s market cap is GBX 8.31 billion.
The company also recently declared a dividend, which will be paid on Friday, April 7th. Shareholders of record on Thursday, March 9th will be issued a dividend of GBX 8.95 ($0.11) per share. This represents a yield of 0.87%. The ex-dividend date is Thursday, March 9th.
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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 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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