Numis Securities Ltd Reiterates “Hold” Rating for Land Securities Group plc (LAND)

Land Securities Group plc (LON:LAND)‘s stock had its “hold” rating reissued by research analysts at Numis Securities Ltd in a research report issued on Monday. They currently have a GBX 1,077 ($14.52) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 10.75% from the stock’s previous close.

Other analysts have also issued research reports about the company. Peel Hunt reissued an “add” rating and set a GBX 1,150 ($15.50) price target on shares of Land Securities Group plc in a report on Thursday, May 25th. Liberum Capital boosted their price target on Land Securities Group plc from GBX 950 ($12.81) to GBX 1,000 ($13.48) and gave the company a “hold” rating in a report on Friday, May 26th. Deutsche Bank AG boosted their price target on Land Securities Group plc from GBX 1,000 ($13.48) to GBX 1,050 ($14.16) and gave the company a “hold” rating in a report on Monday, September 11th. HSBC Holdings plc lowered Land Securities Group plc to a “hold” rating and cut their price target for the company from GBX 1,210 ($16.31) to GBX 1,081 ($14.57) in a report on Wednesday, September 6th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a GBX 1,114 ($15.02) price target on shares of Land Securities Group plc in a report on Thursday, June 15th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,113.62 ($15.01).

Land Securities Group plc (LON LAND) opened at 976.00 on Monday. The company’s market cap is GBX 7.71 billion. Land Securities Group plc has a 52 week low of GBX 933.00 and a 52 week high of GBX 1,141.00. The firm has a 50-day moving average price of GBX 1,004.66 and a 200 day moving average price of GBX 1,048.12.

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In other Land Securities Group plc news, insider Alison J. Carnwath acquired 10,050 shares of the company’s stock in a transaction dated Monday, September 18th. The stock was purchased at an average price of GBX 978 ($13.19) per share, with a total value of £98,289 ($132,518.54).

About Land Securities Group plc

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 plc (LON:LAND)

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