Land Securities Group (LON:LAND)‘s stock had its “hold” rating reissued by equities research analysts at Peel Hunt in a note issued to investors on Wednesday. They currently have a GBX 950 ($12.88) target price on the stock. Peel Hunt’s price target would indicate a potential downside of 3.97% from the stock’s current price.

A number of other analysts have also issued reports on the stock. JPMorgan Chase & Co. raised shares of Land Securities Group to an “overweight” rating and set a GBX 1,200 ($16.27) price target for the company in a research report on Monday. Liberum Capital raised shares of Land Securities Group to a “buy” rating and increased their price target for the stock from GBX 1,050 ($14.24) to GBX 1,125 ($15.26) in a research report on Monday, January 8th. Credit Suisse Group lowered shares of Land Securities Group to a “neutral” rating and reduced their price target for the stock from GBX 1,140.74 ($15.47) to GBX 1,035 ($14.04) in a research report on Wednesday, December 6th. Numis Securities reissued a “hold” rating and issued a GBX 976 ($13.24) price target on shares of Land Securities Group in a research report on Thursday, November 30th. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 875 ($11.87) price target on shares of Land Securities Group in a research report on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,059.67 ($14.37).

Shares of Land Securities Group (LON:LAND) opened at GBX 989.30 ($13.42) on Wednesday. Land Securities Group has a 52 week low of GBX 912 ($12.37) and a 52 week high of GBX 1,141 ($15.47). The company has a market cap of $7,360.00 and a PE ratio of 4,122.08.

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Tuesday, November 14th. The company reported GBX 25.70 ($0.35) EPS for the quarter, missing analysts’ consensus estimates of GBX 26.60 ($0.36) by GBX (0.90) (($0.01)). Land Securities Group had a negative net margin of 8.59% and a negative return on equity of 0.61%. The firm had revenue of £366 million for the quarter.

In other Land Securities Group news, insider Martin F. Greenslade acquired 8,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average price of GBX 924 ($12.53) per share, with a total value of £73,920 ($100,244.10). Also, insider Robert Noel acquired 18,365 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average cost of GBX 933 ($12.65) per share, for a total transaction of £171,345.45 ($232,364.32).

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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.

Analyst Recommendations for Land Securities Group (LON:LAND)

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