Land Securities Group plc (LAND) Receives Neutral Rating from J P Morgan Chase & Co

J P Morgan Chase & Co reiterated their neutral rating on shares of Land Securities Group plc (LON:LAND) in a report released on Wednesday morning. J P Morgan Chase & Co currently has a GBX 1,200 ($15.78) target price on the stock.

A number of other analysts also recently issued reports on the stock. Liberum Capital reiterated a hold rating and issued a GBX 1,050 ($13.81) price target on shares of Land Securities Group plc in a report on Tuesday, September 12th. Credit Suisse Group reiterated an outperform rating and issued a GBX 1,140 ($14.99) price target on shares of Land Securities Group plc in a report on Wednesday, September 13th. Deutsche Bank AG lifted their price target on shares of 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. downgraded shares of Land Securities Group plc to a hold rating and reduced their price target for the company from GBX 1,210 ($15.91) to GBX 1,081 ($14.22) in a report on Wednesday, September 6th. Finally, Numis Securities Ltd restated a hold rating and issued a GBX 1,077 ($14.17) target price on shares of Land Securities Group plc in a report on Monday, September 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 1,103.23 ($14.51).

Shares of Land Securities Group plc (LAND) opened at GBX 932.50 ($12.26) on Wednesday. Land Securities Group plc has a 52-week low of GBX 913.50 ($12.01) and a 52-week 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 company had revenue of £366 million during the quarter. Land Securities Group plc had a net margin of 50.86% and a return on equity of 3.63%.

ILLEGAL ACTIVITY WARNING: This report was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another publication, it was copied illegally and reposted in violation of international copyright & trademark legislation. The original version of this report can be read at https://www.dispatchtribunal.com/2017/11/19/land-securities-group-plc-land-receives-neutral-rating-from-j-p-morgan-chase-co.html.

In related news, insider Robert Noel acquired 18,365 shares of the stock in a transaction on Tuesday, November 14th. The stock was bought at an average cost of GBX 933 ($12.27) per share, with a total value of £171,345.45 ($225,365.58). Also, insider Alison J. Carnwath acquired 10,050 shares of the stock in a transaction on Monday, September 18th. The stock was bought at an average cost of GBX 978 ($12.86) per share, with a total value of £98,289 ($129,276.60).

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.

Analyst Recommendations for Land Securities Group plc (LON:LAND)

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.

Leave a Reply