Land Securities Group (LON:LAND) had its price objective decreased by equities researchers at Morgan Stanley from GBX 1,070 ($14.78) to GBX 1,040 ($14.37) in a report released on Tuesday. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 14.90% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the stock. Credit Suisse Group cut shares of Land Securities Group to a “neutral” rating and cut their target price for the stock from GBX 1,140.74 ($15.76) to GBX 1,035 ($14.30) in a report on Wednesday, December 6th. JPMorgan Chase & Co. raised shares of Land Securities Group to an “overweight” rating and set a GBX 1,200 ($16.58) target price on the stock in a report on Monday, January 15th. Liberum Capital raised shares of Land Securities Group to a “buy” rating and raised their target price for the stock from GBX 1,050 ($14.51) to GBX 1,125 ($15.54) in a report on Monday, January 8th. Numis Securities reissued a “hold” rating and issued a GBX 976 ($13.48) target price on shares of Land Securities Group in a report on Thursday, November 30th. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 875 ($12.09) target price on shares of Land Securities Group in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 1,046.23 ($14.45).

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Land Securities Group (LON LAND) opened at GBX 905.10 ($12.50) on Tuesday. Land Securities Group has a twelve month low of GBX 909.30 ($12.56) and a twelve month high of GBX 1,141 ($15.76). The stock has a market cap of $6,810.00 and a PE ratio of 3,771.25.

In other Land Securities Group news, insider Nicholas Cadbury purchased 2,700 shares of the business’s stock in a transaction dated Tuesday, March 13th. The shares were bought at an average price of GBX 918 ($12.68) per share, with a total value of £24,786 ($34,244.27).

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About Land Securities Group

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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