Shares of Land Securities Group plc (LON:LAND) shot up 0.3% during trading on Wednesday . The stock traded as high as GBX 997.50 ($13.11) and last traded at GBX 993 ($13.06). 1,383,686 shares were traded during mid-day trading, a decline of 27% from the average session volume of 1,897,120 shares. The stock had previously closed at GBX 990.50 ($13.02).
Several research firms have commented on LAND. Liberum Capital lifted their target price on shares of Land Securities Group plc from GBX 1,000 ($13.15) to GBX 1,050 ($13.80) and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,025 ($13.48) target price on shares of Land Securities Group plc in a research note on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 1,114 ($14.65) target price on shares of Land Securities Group plc in a research note on Thursday, June 15th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,140 ($14.99) target price on shares of Land Securities Group plc in a research note on Wednesday, September 13th. Finally, Deutsche Bank AG lifted their target price on shares of Land Securities Group plc from GBX 1,000 ($13.15) to GBX 1,050 ($13.80) and gave the stock a “hold” rating in a research note on Monday, September 11th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,105.58 ($14.54).
In other Land Securities Group plc news, insider Alison J. Carnwath purchased 10,050 shares of the company’s stock in a transaction dated Monday, September 18th. The shares were bought at an average price of GBX 978 ($12.86) per share, for a total transaction of £98,289 ($129,225.61).
COPYRIGHT VIOLATION WARNING: “Land Securities Group plc (LAND) Shares Up 0.3%” was originally reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.thestockobserver.com/2017/10/13/land-securities-group-plc-land-shares-up-0-3.html.
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.
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.