Liberum Capital restated their hold rating on shares of Land Securities Group plc (LON:LAND) in a report published on Tuesday. Liberum Capital currently has a GBX 1,050 ($13.81) target price on the stock.
Other equities analysts have also recently issued research reports about the company. Deutsche Bank AG lifted their price target on Land Securities Group plc from GBX 1,000 ($13.15) to GBX 1,050 ($13.81) and gave the stock a hold rating in a research note on Monday, September 11th. cut Land Securities Group plc to a hold rating and dropped their price target for the stock from GBX 1,210 ($15.91) to GBX 1,081 ($14.22) in a research note on Wednesday, September 6th. Numis Securities Ltd reissued a hold rating and issued a GBX 1,077 ($14.17) price target on shares of Land Securities Group plc in a research note on Tuesday, September 5th. Beaufort Securities reissued a long term buy rating and issued a GBX 1,150 ($15.13) price target on shares of Land Securities Group plc in a research note on Friday, October 20th. Finally, The Goldman Sachs Group, Inc. reissued a neutral rating and issued a GBX 1,114 ($14.65) price target on shares of Land Securities Group plc in a research note on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 1,103.23 ($14.51).
Shares of Land Securities Group plc (LAND) traded down GBX 4.50 ($0.06) on Tuesday, reaching GBX 932.50 ($12.26). The company had a trading volume of 3,149,504 shares, compared to its average volume of 2,470,000. Land Securities Group plc has a 1 year low of GBX 912 ($12.00) and a 1 year high of GBX 1,141 ($15.01).
Land Securities Group plc (LON:LAND) last issued its quarterly earnings results on Tuesday, November 14th. The company reported GBX 25.70 ($0.34) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 26.60 ($0.35) by GBX (0.90) (($0.01)). The company had revenue of £366 million during the quarter. Land Securities Group plc had a return on equity of 3.63% and a net margin of 50.86%.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://stocknewstimes.com/2017/11/17/land-securities-group-plcs-land-hold-rating-reiterated-at-liberum-capital.html.
In other news, insider Alison J. Carnwath purchased 10,050 shares of Land Securities Group plc stock in a transaction dated Monday, September 18th. The stock was acquired at an average cost of GBX 978 ($12.86) per share, for a total transaction of £98,289 ($129,276.60). Also, insider Robert Noel purchased 18,365 shares of Land Securities Group plc stock in a transaction dated Tuesday, November 14th. The shares were purchased at an average price of GBX 933 ($12.27) per share, with a total value of £171,345.45 ($225,365.58).
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.
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.