Land Securities Group plc (LAND) Given Consensus Rating of “Hold” by Analysts
Land Securities Group plc (LON:LAND) has been given a consensus recommendation of “Hold” by the nineteen brokerages that are covering the firm. Three analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 1,139.25 ($13.85).
A number of brokerages have weighed in on LAND. BNP Paribas reissued an “underperform” rating and issued a GBX 1,050 ($12.77) price target on shares of Land Securities Group plc in a report on Tuesday, January 3rd. Liberum Capital reissued a “sell” rating and issued a GBX 925 ($11.25) price target on shares of Land Securities Group plc in a report on Monday, October 3rd. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 1,000 ($12.16) price objective on shares of Land Securities Group plc in a research note on Monday, October 3rd. HSBC upped their price objective on shares of Land Securities Group plc from GBX 1,078 ($13.11) to GBX 1,210 ($14.71) and gave the company a “buy” rating in a research note on Friday, September 30th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,280 ($15.57) price objective on shares of Land Securities Group plc in a research note on Friday.
Shares of Land Securities Group plc (LON:LAND) traded down 0.39% on Friday, reaching GBX 1020.00. 1,660,008 shares of the company’s stock traded hands. The company has a 50 day moving average of GBX 1,013.68 and a 200-day moving average of GBX 1,037.38. The stock’s market capitalization is GBX 8.06 billion. Land Securities Group plc has a 52 week low of GBX 810.00 and a 52 week high of GBX 1,211.00.
The business also recently declared a dividend, which was paid on Friday, January 6th. Shareholders of record on Thursday, December 1st were issued a dividend of GBX 8.95 ($0.11) per share. The ex-dividend date of this dividend was Thursday, December 1st. This represents a yield of 0.89%.
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.
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