Land Securities Group (LAND) Shares Up 0%

Shares of Land Securities Group plc (LON:LAND) shot up 0% during mid-day trading on Friday . The stock traded as high as GBX 945.20 ($13.25) and last traded at GBX 936.90 ($13.14). 1,687,980 shares were traded during trading, a decline of 25% from the average session volume of 2,250,000 shares. The stock had previously closed at GBX 936.50 ($13.13).

Several research firms have issued reports on LAND. Liberum Capital reaffirmed a “hold” rating and set a GBX 1,050 ($14.72) price target on shares of Land Securities Group in a research report on Tuesday, November 14th. Peel Hunt reaffirmed a “hold” rating and set a GBX 950 ($13.32) price target on shares of Land Securities Group in a research report on Wednesday, January 17th. Credit Suisse Group lowered shares of Land Securities Group to a “neutral” rating and dropped their price target for the stock from GBX 1,140.74 ($15.99) to GBX 1,035 ($14.51) in a research report on Wednesday, December 6th. Beaufort Securities reissued a “long term buy” rating and issued a GBX 1,150 ($16.12) price objective on shares of Land Securities Group in a research report on Friday, October 20th. Finally, Numis Securities reissued a “hold” rating and issued a GBX 976 ($13.68) price objective on shares of Land Securities Group in a research report on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. Land Securities Group has a consensus rating of “Hold” and an average price target of GBX 1,059.67 ($14.86).

The stock has a market cap of $6,950.00 and a P/E ratio of 3,903.75.

Land Securities Group (LON:LAND) last released its quarterly earnings results on Tuesday, November 14th. The company reported GBX 25.70 ($0.36) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 26.60 ($0.37) by GBX (0.90) (($0.01)). Land Securities Group had a negative net margin of 8.59% and a negative return on equity of 0.61%. The business had revenue of £366 million during the quarter.

In other Land Securities Group news, insider Robert Noel purchased 18,365 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average cost of GBX 933 ($13.08) per share, for a total transaction of £171,345.45 ($240,248.81). Also, insider Martin F. Greenslade purchased 8,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average price of GBX 924 ($12.96) per share, for a total transaction of £73,920 ($103,645.54).

TRADEMARK VIOLATION WARNING: This report was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this report can be read at https://www.com-unik.info/2018/02/09/land-securities-group-land-shares-up-0.html.

Land Securities Group Company Profile

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 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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit