Land Securities Group’s (LAND) “Hold” Rating Reiterated at Peel Hunt

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Peel Hunt reissued their hold rating on shares of Land Securities Group (LON:LAND) in a research report report published on Tuesday morning.

Other equities research analysts also recently issued research reports about the stock. Liberum Capital reaffirmed a buy rating on shares of Land Securities Group in a research note on Monday, December 17th. Royal Bank of Canada assumed coverage on shares of Land Securities Group in a research note on Tuesday, February 12th. They issued an outperform rating and a GBX 1,125 ($14.70) target price for the company. Barclays reaffirmed an underweight rating and issued a GBX 790 ($10.32) target price on shares of Land Securities Group in a research note on Tuesday, December 11th. Credit Suisse Group reaffirmed a neutral rating on shares of Land Securities Group in a research note on Wednesday, November 14th. Finally, JPMorgan Chase & Co. reiterated an overweight rating on shares of Land Securities Group in a report on Wednesday, November 14th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. Land Securities Group presently has a consensus rating of Hold and a consensus price target of GBX 963.25 ($12.59).

Shares of LON:LAND opened at GBX 879.40 ($11.49) on Tuesday. Land Securities Group has a 52 week low of GBX 900.20 ($11.76) and a 52 week high of GBX 1,141 ($14.91).

The business also recently declared a dividend, which will be paid on Friday, April 12th. Stockholders of record on Thursday, March 14th will be issued a GBX 11.30 ($0.15) dividend. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, March 14th.

In other news, insider Scott Parsons sold 113 shares of the company’s stock in a transaction that occurred on Tuesday, December 18th. The shares were sold at an average price of GBX 827 ($10.81), for a total value of £934.51 ($1,221.10).

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. Across 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. In London, our portfolio totals more than £7.8 billion, and consists of 6.4 million sq ft of real estate.

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Analyst Recommendations for Land Securities Group (LON:LAND)

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