Land Securities Group plc (LAND) Given “Sell” Rating at Liberum Capital
Liberum Capital reiterated their sell rating on shares of Land Securities Group plc (LON:LAND) in a research report released on Monday morning. The brokerage currently has a GBX 925 ($12.07) price objective on the stock.
LAND has been the subject of several other reports. BNP Paribas restated an underperform rating and set a GBX 890 ($11.62) price target on shares of Land Securities Group plc in a research report on Thursday, September 1st. Deutsche Bank AG lowered Land Securities Group plc to a hold rating and lowered their price target for the stock from GBX 1,370 ($17.88) to GBX 1,000 ($13.05) in a research report on Tuesday, September 13th. Societe Generale lowered Land Securities Group plc to a hold rating and set a GBX 1,070 ($13.97) price target for the company. in a research report on Tuesday, July 5th. Jefferies Group restated a hold rating and set a GBX 975 ($12.73) price target on shares of Land Securities Group plc in a research report on Friday, August 19th. Finally, Goldman Sachs Group Inc. lowered their price target on Land Securities Group plc from GBX 1,410 ($18.40) to GBX 1,200 ($15.66) and set a neutral rating for the company in a research report on Wednesday, June 29th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of GBX 1,189.05 ($15.52).
Shares of Land Securities Group plc (LON:LAND) traded up 0.19% on Monday, hitting GBX 1060.00. The stock had a trading volume of 1,636,382 shares. The stock has a 50 day moving average price of GBX 1,067.33 and a 200-day moving average price of GBX 1,095.74. Land Securities Group plc has a 12-month low of GBX 810.00 and a 12-month high of GBX 1,355.00. The company’s market cap is GBX 8.37 billion.
In related news, insider Noel,Robert sold 13,939 shares of the business’s stock in a transaction dated Friday, July 8th. The stock was sold at an average price of GBX 962 ($12.56), for a total value of £134,093.18 ($175,033.52).
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 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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