Citigroup Reaffirms “Sell” Rating for Land Securities Group (LON:LAND)

Share on StockTwits

Citigroup restated their sell rating on shares of Land Securities Group (LON:LAND) in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 739 ($9.66) price objective on the stock.

A number of other equities analysts also recently commented on LAND. Peel Hunt reiterated a hold rating on shares of Land Securities Group in a report on Tuesday, November 5th. UBS Group reiterated a buy rating on shares of Land Securities Group in a report on Tuesday, November 5th. Morgan Stanley reduced their target price on shares of Land Securities Group from GBX 950 ($12.41) to GBX 840 ($10.98) and set an equal weight rating for the company in a report on Monday, September 2nd. Goldman Sachs Group increased their price target on shares of Land Securities Group from GBX 761 ($9.94) to GBX 784 ($10.24) and gave the stock a neutral rating in a report on Tuesday, November 5th. Finally, Deutsche Bank restated a buy rating on shares of Land Securities Group in a research report on Friday, July 12th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 915.70 ($11.97).

Land Securities Group stock traded down GBX 8.40 ($0.11) during trading hours on Thursday, reaching GBX 882 ($11.52). The stock had a trading volume of 1,773,962 shares, compared to its average volume of 2,210,000. The company has a market cap of $6.63 billion and a price-to-earnings ratio of -54.78. The company has a debt-to-equity ratio of 38.12, a current ratio of 0.42 and a quick ratio of 0.35. The business’s 50 day moving average price is GBX 893.28 and its 200-day moving average price is GBX 852.08. Land Securities Group has a 52 week low of GBX 473.27 ($6.18) and a 52 week high of GBX 983.20 ($12.85).

In other news, insider Robert Noel sold 15,616 shares of Land Securities Group stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 749 ($9.79), for a total value of £116,963.84 ($152,833.97).

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.

Recommended Story: The benefits and drawbacks of dollar cost averaging

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.