Barclays Trims Land Securities Group (LAND) Target Price to GBX 755

Land Securities Group (LON:LAND) had its target price lowered by Barclays from GBX 790 ($10.32) to GBX 755 ($9.87) in a research note issued to investors on Friday, Digital Look reports. The brokerage currently has an underweight rating on the stock.

A number of other research firms have also issued reports on LAND. Liberum Capital reaffirmed a buy rating on shares of Land Securities Group in a research report on Friday, February 8th. Deutsche Bank raised Land Securities Group to a buy rating and increased their price target for the company from GBX 940 ($12.28) to GBX 1,020 ($13.33) in a research report on Wednesday, April 24th. Morgan Stanley increased their price target on Land Securities Group from GBX 970 ($12.67) to GBX 990 ($12.94) and gave the company an equal weight rating in a research report on Thursday, March 14th. Peel Hunt reaffirmed a hold rating on shares of Land Securities Group in a research report on Tuesday, February 26th. Finally, Goldman Sachs Group raised Land Securities Group to a neutral rating and reduced their price target for the company from GBX 788 ($10.30) to GBX 769 ($10.05) in a research report on Friday, January 25th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. Land Securities Group has a consensus rating of Hold and an average target price of GBX 962.83 ($12.58).

LAND opened at GBX 892.20 ($11.66) on Friday. Land Securities Group has a 12-month low of GBX 784.20 ($10.25) and a 12-month high of GBX 985.50 ($12.88). The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 36.38. The stock has a market cap of $6.60 billion and a P/E ratio of -28.32.



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.

Read More: Diversification in Investing

Analyst Recommendations for Land Securities Group (LON:LAND)

Receive News & Ratings for Land Securities Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Land Securities Group and related companies with MarketBeat.com's FREE daily email newsletter.