Land Securities Group plc (LON:LAND) had its price target reduced by research analysts at Goldman Sachs Group Inc. from GBX 1,200 ($14.99) to GBX 1,175 ($14.68) in a research report issued on Wednesday. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price objective indicates a potential upside of 21.01% from the stock’s current price.
Other research analysts have also issued research reports about the stock. Peel Hunt lowered shares of Land Securities Group plc to an “add” rating in a research note on Monday, July 25th. Numis Securities Ltd lowered shares of Land Securities Group plc to a “hold” rating and cut their price target for the company from GBX 1,310 ($16.37) to GBX 1,128 ($14.09) in a research note on Tuesday, August 16th. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 890 ($11.12) price target on shares of Land Securities Group plc in a research note on Thursday, July 14th. JPMorgan Chase & Co. cut their price target on shares of Land Securities Group plc from GBX 1,450 ($18.12) to GBX 1,325 ($16.55) and set an “overweight” rating on the stock in a research note on Tuesday, September 6th. Finally, HSBC lifted their price target on shares of Land Securities Group plc from GBX 1,078 ($13.47) to GBX 1,210 ($15.12) and gave the company a “buy” rating in a research note on Friday, September 30th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,156.33 ($14.45).
Land Securities Group plc (LON:LAND) traded up 0.154719% on Wednesday, reaching GBX 969.491943. 955,596 shares of the company were exchanged. The stock has a 50 day moving average of GBX 991.84 and a 200 day moving average of GBX 1,065.10. The firm’s market capitalization is GBX 7.66 billion. Land Securities Group plc has a 12-month low of GBX 810.00 and a 12-month high of GBX 1,253.00.
The business also recently disclosed a dividend, which will be paid on Friday, January 6th. Shareholders of record on Thursday, December 1st will be issued a GBX 8.95 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a dividend yield of 0.89%.