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Deutsche Bank disclosed Land Securities Group Plc (LON:LAND), scaling down its price target to 1,000.00GBX earlier today

Land Securities Group Plc (LON:LAND) had its target price reduced to 1,000GBX by Deutsche Bank in an issued report issued 9/13/2016. The latest target price implies a potential downside of -0.07% based on the bussiness’ previous stock close price.

Previously on 9/06/2016, JP Morgan Cazenove reported about Land Securities Group Plc(LON:LAND) dropped the target price from 1,450.00GBX to 1,325.00GBX. At the time, this indicated a possible upside of 0.22%.

Only yesterday Land Securities Group Plc (LON:LAND) traded 0.59% lower at 1,075.00GBX. Land Securities Group Plc’s 50-day moving average is 1,082.03GBX and its two hundred day average is 1,095.21GBX. With the last close down 8.05% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trading volume was was up over the average, with 4,439,839 shares of LAND changing hands over the typical 3,081,690 shares..

Performance Graphic:

Land Securities Group Plc (LON:LAND)

Land Securities Group Plc has a price-earnings of 6 with a 52 week low of 810.00GBX and a one-year high of 1,355.00GBX. The company’s market cap is currently 0.0 GBX.

Also covering Land Securities Group Plc’s stock price target, a total of 20 brokerages have released a report on Land Securities Group Plc. The average target price is 1,196.45GBX with seven firms rating the company a strong buy, nine analysts rating the stock a buy, six firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the stock as sell.

General Company Details For Land Securities Group Plc (LON:LAND)

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. The Company’s Retail portfolio has a floor space of approximately 17.45 million square feet, which includes over 10 shopping centers, approximately 10 retail parks, over eight standalone leisure assets, and approximately 30 Accor Group hotels in the United Kingdom. The Company’s London Portfolio includes all the London offices and central London shops. Its London portfolio has a total floor space of approximately 6.16 million square feet, which includes west end offices, city offices, mid-town offices, inner London offices and central London shops, and among others.

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