X

Get our occasional Market Report emails

sent straight to your inbox

There’s no charge for this.

Getting latest data loading
X

Request a Call to Trade

In addition to the daily Research emails, I would also like to receive the Accendo Markets Weekly Newsletter and occasional Market Report emails highlighting various trading opportunities.
When you enter your telephone number, we may call or message you occasionally with trading opportunities. You can opt out at any time
Home / Stocks and Markets at Lows / Land Securities (LAND.L) 31-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Land Securities (LAND.L) 31-03-20

Shares in Land Securities (LAND.L) have fallen dramatically from recent highs of 1001.5p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • This stock is one of the more significant fallers in the period. It hasn’t yet shown any signs of recovery alongside other UK stocks.
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Now trading at 561.2p (at time of writing). A return to previous highs would represent a rise of 78%.
  • Shares -44% from 12-month highs; +2% from 12 month lows.

Latest News

30 Mar:  Deutsche Bank reiterates its hold rating on Land Securities Group Plc (LAND) and reduced the target price to 910p (from 1020p).

11 Mar:  Morgan Stanley reiterates its overweight rating on Land Securities Group Plc (LAND) and reduced the target price to 880p (from 1050p).

05 Mar:  Barclays Capital reiterates its underweight rating on Land Securities Group Plc (LAND) and increased the target price to 870p (from 840p).

12 Feb:  Robert Noel, Chief Executive Officer, sold 113,127 shares within the firm on the 11th February 2020 at a price of 966.28p. This Director currently has 113,290 shares.

05 Feb:  UBS reiterates its buy rating on Land Securities Group Plc (LAND) and increased the target price to 1100p (from 1075p).

05 Feb:  Numis has downgraded its rating on Land Securities Group Plc (LAND) to reduce (from hold).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.