Land Securities Group (LAND) Sets New 12-Month Low at $829.40
Shares of Land Securities Group plc (LON:LAND) hit a new 52-week low on Thursday . The stock traded as low as GBX 829.40 ($10.84) and last traded at GBX 832.40 ($10.88), with a volume of 2786941 shares changing hands. The stock had previously closed at GBX 843.60 ($11.02).
LAND has been the topic of a number of recent analyst reports. Liberum Capital restated a “buy” rating on shares of Land Securities Group in a research report on Friday, July 20th. UBS Group restated a “buy” rating and set a GBX 1,150 ($15.03) price target (down from GBX 1,240 ($16.20)) on shares of Land Securities Group in a research report on Wednesday, September 5th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Land Securities Group from GBX 1,200 ($15.68) to GBX 1,120 ($14.63) and set an “overweight” rating on the stock in a research report on Thursday, September 6th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,015.15 ($13.26).
About Land Securities Group (LON:LAND)
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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