Land Securities Group (LAND) Stock Rating Reaffirmed by Liberum Capital

Land Securities Group (LON:LAND)‘s stock had its “hold” rating reissued by investment analysts at Liberum Capital in a research report issued on Friday. They currently have a GBX 1,120 ($15.07) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 13.82% from the stock’s current price.

A number of other research firms have also weighed in on LAND. Credit Suisse Group lowered shares of Land Securities Group to a “neutral” rating and cut their target price for the stock from GBX 1,140.74 ($15.35) to GBX 1,035 ($13.93) in a research report on Wednesday, December 6th. Jefferies Group reissued a “hold” rating and set a GBX 875 ($11.78) target price on shares of Land Securities Group in a research report on Wednesday, November 15th. Beaufort Securities reissued a “long term buy” rating and set a GBX 1,150 ($15.48) target price on shares of Land Securities Group in a research report on Friday, October 20th. Peel Hunt reissued an “add” rating and set a GBX 1,150 ($15.48) target price on shares of Land Securities Group in a research report on Tuesday, November 14th. Finally, lowered shares of Land Securities Group to a “hold” rating and cut their target price for the stock from GBX 1,210 ($16.29) to GBX 1,081 ($14.55) in a research report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the company. Land Securities Group currently has an average rating of “Hold” and a consensus target price of GBX 1,092.77 ($14.71).

Shares of Land Securities Group (LON LAND) opened at GBX 984 ($13.24) on Friday. Land Securities Group has a fifty-two week low of GBX 912 ($12.27) and a fifty-two week high of GBX 1,141 ($15.36).

Land Securities Group (LON:LAND) last released its earnings results on Tuesday, November 14th. The company reported GBX 25.70 ($0.35) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 26.60 ($0.36) by GBX (0.90) (($0.01)). The firm had revenue of £366 million for the quarter. Land Securities Group had a negative return on equity of 0.61% and a negative net margin of 8.59%.

In other Land Securities Group news, insider Martin F. Greenslade bought 8,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of GBX 924 ($12.44) per share, with a total value of £73,920 ($99,488.56). Also, insider Robert Noel bought 18,365 shares of the stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average cost of GBX 933 ($12.56) per share, for a total transaction of £171,345.45 ($230,612.99). Insiders have bought 36,415 shares of company stock valued at $34,355,445 in the last ninety days.

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Land Securities Group 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.

Analyst Recommendations for Land Securities Group (LON:LAND)

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