Land Securities Group Plc (LON:LAND) May Have Just Reached An Inflection Point; Deutsche Bank Upgrades Shares


Land Securities Group Plc (LON:LAND) Stock Upgrade

In an analyst research report sent to investors on Monday, 7 December, Deutsche Bank lifted the shares of Land Securities Group Plc (LON:LAND) to a respectable Buy rating. They currently have a GBX 1450.00 TP on the stock. This TP gives a possible upside of 23.25% from the close price of Land Securities Group Plc (LON:LAND) shares.

From a total of 20 analysts covering Land Securities Group Plc (LON:LAND) stock, 14 rate it a ”Buy”, 0 a “Sell”, and 7 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 1600 while the lowest target price is GBX 1158. The mean of all analyst targets is GBX 1441.85 with a 20.57% above today’s (GBX 1189.92) stock price. Land Securities Group Plc was the topic of 56 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank upgraded shares on December 7 to “Buy” rating. BNP Paribas maintained shares with “Outperform” rating and GBX 1460 target share price in a report from a November 11. Liberum Capital maintained LAND stock in a recent report from December 1 with “Hold” rating. Numis Securities maintained the rating on November 11. Numis Securities has a “Buy” rating and a GBX 1491 price target on shares. Finally, UBS maintained the stock with “Buy” rating in a report issued on a November 19.

The stock decreased 1.33% or GBX 16.08 on December 4, striking GBX 1189.92. Approximately shares of stock traded hands. Land Securities Group plc (LON:LAND) has declined 4.51% since May 8, 2015 and is downtrending. It has underperformed by 3.43% the S&P500.

 Land Securities Group Plc (LON:LAND) May Have Just Reached An Inflection Point; Deutsche Bank Upgrades Shares

The overall sentiment of institutions has decreased to 1 in Q2 2015. Its down 3.40, from 4.4 in 2015Q2. The ratio dived, as 6 institutions have sold all the shares of Land Securities Group plc that they owned while 7 funds have taken shares off the table. 3 funds have purchased shares for the first time while 10 added to their positions. These institutions now hold 5.93 million shares or 41.39% more than the 4.19 million shares they owned in 2015Q2.

The Fund Diligent Investors Llc currently is holding shares equating to 0.87% of its total portfolio in Land Securities Group plc representing a total of 87,002 shares. Another fund,Bard Associates Inc, is holding a total of 148,600 shares equating to 0.79% of their holdings. Additionally, Marathon Capital Management has a 166,256 share stake in Land Securities Group plc which represents 0.77% of their total portfolio. The Fund, Bhf Kleinwort Benson Group S.A., based out of Belgium, has also built up a stake in the stock, which represents a total of 0.05% of their total portfolio. Finally South Georgia Capital Llc, a fund which is based in the state of Illinois reported a total holdings of 1,152 shares.

Land Securities Group PLC is a United Kingdom holding company. The company has a market cap of 9.54 billion GBP. The Firm is a real estate investment trust . It has 4.51 P/E ratio. The Firm operates through two divisions: Retail Portfolio and London Portfolio.

According to Zacks Investment Research, “Gladstone Land Corporation is a real estate investment trust. The company acquires and leases farmland to corporate and independent farmers. Its properties are situated in California and Florida. Gladstone Land Corporation is based in McLean, Virginia.” Get a free copy of the Zacks research report on Land Securities Group plc (LAND).