Land Securities Group plc (LON:LAND)‘s stock had its “hold” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Thursday, October 19th. They currently have a GBX 1,077 ($14.17) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 15.99% from the company’s current price.
LAND has been the topic of a number of other reports. Liberum Capital reaffirmed a “hold” rating and set a GBX 1,050 ($13.81) price target on shares of Land Securities Group plc in a report on Wednesday, September 6th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,140 ($14.99) price target on shares of Land Securities Group plc in a report on Wednesday, September 13th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 1,114 ($14.65) price target on shares of Land Securities Group plc in a report on Wednesday, September 27th. Deutsche Bank AG increased their target price on Land Securities Group plc from GBX 1,000 ($13.15) to GBX 1,050 ($13.81) and gave the company a “hold” rating in a report on Monday, September 11th. Finally, HSBC Holdings plc downgraded Land Securities Group plc to a “hold” rating and lowered their target price for the company from GBX 1,210 ($15.91) to GBX 1,081 ($14.22) in a report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Land Securities Group plc has an average rating of “Hold” and a consensus target price of GBX 1,109 ($14.59).
Land Securities Group plc (LON LAND) opened at GBX 928.50 ($12.21) on Thursday. Land Securities Group plc has a 1-year low of GBX 933 ($12.27) and a 1-year high of GBX 1,141 ($15.01).
Land Securities Group plc (LON:LAND) last announced its quarterly earnings results on Tuesday, November 14th. The company reported GBX 25.70 ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 26.60 ($0.35) by GBX (0.90) (($0.01)). The business had revenue of £366 million for the quarter. Land Securities Group plc had a net margin of 50.86% and a return on equity of 3.63%.
In other Land Securities Group plc news, insider Alison J. Carnwath bought 10,050 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was purchased at an average price of GBX 978 ($12.86) per share, for a total transaction of £98,289 ($129,276.60).
Land Securities Group plc 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.
Receive News & Ratings for Land Securities Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Land Securities Group plc and related companies with MarketBeat.com's FREE daily email newsletter.