Land Securities Group (LON:LAND) had its target price dropped by investment analysts at JPMorgan Chase & Co. from GBX 1,200 ($15.48) to GBX 1,120 ($14.45) in a report released on Thursday. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 24.93% from the stock’s current price.
Several other equities analysts also recently weighed in on the company. UBS Group reiterated a “buy” rating and set a GBX 1,150 ($14.83) target price (down from GBX 1,240 ($16.00)) on shares of Land Securities Group in a research report on Wednesday. Liberum Capital reiterated a “buy” rating on shares of Land Securities Group in a research report on Wednesday, August 1st. Credit Suisse Group lowered their price objective on Land Securities Group from GBX 1,035 ($13.35) to GBX 1,025 ($13.22) and set a “neutral” rating on the stock in a research report on Wednesday, June 6th. Deutsche Bank lowered their price objective on Land Securities Group from GBX 1,000 ($12.90) to GBX 990 ($12.77) and set a “hold” rating on the stock in a research report on Tuesday, May 29th. Finally, Deutsche Bank lowered their price objective on Land Securities Group from GBX 1,000 ($12.90) to GBX 990 ($12.77) and set a “hold” rating on the stock in a research report on Tuesday, May 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Land Securities Group presently has an average rating of “Hold” and a consensus target price of GBX 1,019.86 ($13.16).
LON LAND opened at GBX 896.50 ($11.56) on Thursday. Land Securities Group has a fifty-two week low of GBX 900.20 ($11.61) and a fifty-two week high of GBX 1,141 ($14.72).
Land Securities Group Company Profile
At Landsec, we believe great places are for people to experience and are made with the experience of great people. As the UK's largest listed commercial property company, with 24 million sq ft of real estate and a portfolio valued at £14.1 billion, we own and manage some of the most successful and recognisable assets in the country.
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