Land Securities Group (OTCMKTS:LSGOF) Rating Lowered to Hold at Zacks Investment Research

Land Securities Group (OTCMKTS:LSGOFGet Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

According to Zacks, “Land Securities Group PLC is a real estate company. Its portfolio primarily includes office buildings, shopping and leisure destinations. Land Securities Group PLC is based in London, the United Kingdom. “

Other equities analysts have also recently issued research reports about the stock. Morgan Stanley upgraded shares of Land Securities Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 28th. JPMorgan Chase & Co. cut shares of Land Securities Group from an “overweight” rating to a “neutral” rating in a research report on Wednesday, April 13th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $10.00.

Shares of OTCMKTS:LSGOF opened at $8.84 on Wednesday. The company’s fifty day moving average is $9.48 and its 200 day moving average is $9.94. Land Securities Group has a 52 week low of $8.84 and a 52 week high of $11.08.

Land Securities Group Company Profile (Get Rating)

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £11 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

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