Peel Hunt reaffirmed their hold rating on shares of Land Securities Group (LON:LAND) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently weighed in on LAND. JPMorgan Chase & Co. set a $195.00 target price on shares of bluebird bio and gave the stock a buy rating in a research report on Friday, May 17th. Barclays dropped their target price on shares of BT Group from GBX 250 ($3.27) to GBX 240 ($3.14) and set an equal weight rating on the stock in a research report on Friday, May 10th. Numis Securities dropped their target price on shares of Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a buy rating on the stock in a research report on Tuesday, May 14th. Goldman Sachs Group raised shares of to a buy rating and set a GBX 1,180 ($15.42) target price on the stock in a research report on Tuesday, June 4th. Finally, Deutsche Bank reissued a hold rating and set a GBX 350 ($4.57) target price on shares of in a research report on Friday, July 5th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. Land Securities Group has a consensus rating of Hold and an average price target of GBX 941.73 ($12.31).
LON:LAND opened at GBX 842 ($11.00) on Tuesday. The stock has a market cap of $6.22 billion and a P/E ratio of -52.30. Land Securities Group has a twelve month low of GBX 784.20 ($10.25) and a twelve month high of GBX 957.20 ($12.51). The company has a debt-to-equity ratio of 38.12, a quick ratio of 0.35 and a current ratio of 0.42. The stock’s 50 day moving average is GBX 838.82.
The firm also recently disclosed a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 5th will be issued a GBX 11.60 ($0.15) dividend. This represents a dividend yield of 1.32%. The ex-dividend date is Thursday, September 5th. Land Securities Group’s dividend payout ratio (DPR) is currently -2.86%.
In other Land Securities Group news, insider Madeleine Cosgrave acquired 4,700 shares of the company’s stock in a transaction dated Wednesday, June 12th. The shares were acquired at an average cost of GBX 841 ($10.99) per share, with a total value of £39,527 ($51,649.03). Also, insider Nicholas Cadbury acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was acquired at an average cost of GBX 888 ($11.60) per share, for a total transaction of £26,640 ($34,809.88).
About Land Securities Group
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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