Land Securities Group (LON:LAND)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Group in a report released on Tuesday, Stock Ratings News reports. They currently have a GBX 992 ($16.24) price target on the stock. Jefferies Group’s price target would suggest a potential upside of 5.20% from the stock’s current price.
Shares of Land Securities Group (LON:LAND) opened at 939.5001 on Tuesday. Land Securities Group has a 52-week low of GBX 746.00 and a 52-week high of GBX 1009.00. The stock’s 50-day moving average is GBX 970.9 and its 200-day moving average is GBX 934.8. The company’s market cap is £7.369 billion.
The company also recently announced a dividend, which is scheduled for Thursday, January 9th. Stockholders of record on Wednesday, December 4th will be paid a dividend of $7.60 per share. This represents a dividend yield of 0.78%. The ex-dividend date is Wednesday, December 4th.
A number of other analysts have also recently weighed in on LAND. Analysts at Liberum Capital reiterated a “hold” rating on shares of Land Securities Group in a research note to investors on Friday. They now have a GBX 1,036 ($16.96) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Land Securities Group from GBX 750 ($12.28) to GBX 770 ($12.61) in a research note to investors on Thursday, November 28th. They now have a “sell” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Land Securities Group in a research note to investors on Wednesday, November 13th. They now have a GBX 750 ($12.28) price target on the stock. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 943.35 ($15.44).
Land Securities Group PLC is a real estate investment trust (LON:LAND).
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