Land Securities Group (LAND) Price Target Cut to GBX 1,120
Land Securities Group (LON:LAND) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from GBX 1,200 ($15.48) to GBX 1,120 ($14.45) in a note issued to investors on Thursday. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 26.84% from the stock’s previous close.
LAND has been the subject of several other research reports. Deutsche Bank decreased their price objective on Land Securities Group from GBX 1,000 ($12.90) to GBX 990 ($12.77) and set a “hold” rating for the company in a report on Tuesday, May 29th. UBS Group restated a “buy” rating and set a GBX 1,150 ($14.83) price objective (down previously from GBX 1,240 ($16.00)) on shares of Land Securities Group in a report on Wednesday. Liberum Capital restated a “buy” rating on shares of Land Securities Group in a report on Tuesday, May 15th. Peel Hunt restated a “hold” rating on shares of Land Securities Group in a report on Tuesday, May 15th. Finally, Deutsche Bank decreased their price objective on Land Securities Group from GBX 1,000 ($12.90) to GBX 990 ($12.77) and set a “hold” rating for the company in a report on Tuesday, May 29th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,015.15 ($13.10).
LON LAND opened at GBX 883 ($11.39) on Thursday. Land Securities Group has a 52 week low of GBX 900.20 ($11.61) and a 52 week high of GBX 1,141 ($14.72).
At Landsec, we believe great places are for people to experience and are made with the experience of great people. As the UK's largest listed commercial property company, with 24 million sq ft of real estate and a portfolio valued at £14.1 billion, we own and manage some of the most successful and recognisable assets in the country.
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